false2026-06-30Q2--12-310001668717Amended to conform to the 2026 presentation.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.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.Amended to conform to the 2025 presentation 0001668717 2025-01-01 2025-06-30 0001668717 2026-01-01 2026-06-30 0001668717 2026-06-30 0001668717 2025-12-31 0001668717 2025-06-30 0001668717 2025-10-29 0001668717 2026-04-29 0001668717 2025-04-30 0001668717 2025-10-29 2025-10-29 0001668717 2025-04-30 2025-04-30 0001668717 2025-01-01 2025-12-31 0001668717 2026-02-27 0001668717 2026-02-27 2026-02-27 0001668717 2025-11-30 0001668717 2025-07-31 0001668717 2024-12-31 0001668717 ifrs-full:TradeReceivablesMember 2025-01-01 2025-06-30 0001668717 bud:AmbevMember bud:RestrictedStockUnitsMember 2025-01-01 2025-06-30 0001668717 bud:GhostBeveragesLlcMember 2025-01-01 2025-06-30 0001668717 ifrs-full:ShorttermBorrowingsMember 2025-01-01 2025-06-30 0001668717 ifrs-full:LongtermBorrowingsMember 2025-01-01 2025-06-30 0001668717 bud:BeerBusinessMember 2025-01-01 2025-06-30 0001668717 bud:NonBeerBusinessMember 2025-01-01 2025-06-30 0001668717 bud:CastelMember 2025-01-01 2025-06-30 0001668717 bud:EfesMember 2025-01-01 2025-06-30 0001668717 ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember 2025-01-01 2025-06-30 0001668717 bud:TranslationReserveMember 2025-01-01 2025-06-30 0001668717 ifrs-full:RetainedEarningsMember 2025-01-01 2025-06-30 0001668717 ifrs-full:EquityAttributableToOwnersOfParentMember 2025-01-01 2025-06-30 0001668717 ifrs-full:NoncontrollingInterestsMember 2025-01-01 2025-06-30 0001668717 srt:SouthAmericaMember ifrs-full:OperatingSegmentsMember 2025-01-01 2025-06-30 0001668717 srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2025-01-01 2025-06-30 0001668717 srt:NorthAmericaMember ifrs-full:OperatingSegmentsMember 2025-01-01 2025-06-30 0001668717 bud:MiddleAmericaMember ifrs-full:OperatingSegmentsMember 2025-01-01 2025-06-30 0001668717 bud:GlobalExportandHoldingCompaniesMember ifrs-full:OperatingSegmentsMember 2025-01-01 2025-06-30 0001668717 ifrs-full:OperatingSegmentsMember 2025-01-01 2025-06-30 0001668717 bud:EMEASegmentMember ifrs-full:OperatingSegmentsMember 2025-01-01 2025-06-30 0001668717 bud:HedgingReserveMember 2025-01-01 2025-06-30 0001668717 bud:OrdinaryRestrictedSharesMember 2025-01-01 2025-06-30 0001668717 currency:EUR 2025-01-01 2025-06-30 0001668717 currency:MXN 2025-01-01 2025-06-30 0001668717 currency:KRW 2025-01-01 2025-06-30 0001668717 currency:BRL 2025-01-01 2025-06-30 0001668717 currency:CAD 2025-01-01 2025-06-30 0001668717 currency:CNY 2025-01-01 2025-06-30 0001668717 currency:ZAR 2025-01-01 2025-06-30 0001668717 currency:PEN 2025-01-01 2025-06-30 0001668717 currency:COP 2025-01-01 2025-06-30 0001668717 currency:GBP 2025-01-01 2025-06-30 0001668717 ifrs-full:TreasurySharesMember 2025-01-01 2025-06-30 0001668717 bud:ReserveMember 2025-01-01 2025-06-30 0001668717 bud:ABInBevMember bud:RestrictedStockUnitsMember 2025-01-01 2025-06-30 0001668717 bud:BudweiserApacMember bud:ShareBasedCompensationPlanMember 2025-01-01 2025-06-30 0001668717 bud:PostEmploymentBenefitsMember 2025-01-01 2025-06-30 0001668717 bud:OtherRecurringLtiRsuPlansMember bud:LongTermRestrictedStockUnitProgramOneMember 2025-01-01 2025-06-30 0001668717 bud:AnheuserBuschInBevMember ifrs-full:BottomOfRangeMember 2026-01-01 2026-06-30 0001668717 ifrs-full:TradeReceivablesMember 2026-01-01 2026-06-30 0001668717 bud:AmbevMember bud:RestrictedStockUnitsMember 2026-01-01 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember 2026-01-01 2026-06-30 0001668717 ifrs-full:AtCostMember 2026-01-01 2026-06-30 0001668717 ifrs-full:OtherIntangibleAssetsMember ifrs-full:AtCostMember 2026-01-01 2026-06-30 0001668717 ifrs-full:ComputerSoftwareMember ifrs-full:AtCostMember 2026-01-01 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:OtherIntangibleAssetsMember 2026-01-01 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:ComputerSoftwareMember 2026-01-01 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember bud:CommercialIntangibleAssetsMember 2026-01-01 2026-06-30 0001668717 bud:CommercialIntangibleAssetsMember ifrs-full:AtCostMember 2026-01-01 2026-06-30 0001668717 ifrs-full:BrandNamesMember ifrs-full:AtCostMember 2026-01-01 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:BrandNamesMember 2026-01-01 2026-06-30 0001668717 ifrs-full:AccumulatedImpairmentMember 2026-01-01 2026-06-30 0001668717 ifrs-full:GrossCarryingAmountMember 2026-01-01 2026-06-30 0001668717 bud:AcquisitionCostMember 2026-01-01 2026-06-30 0001668717 bud:AcquisitionCostMember ifrs-full:LandAndBuildingsMember 2026-01-01 2026-06-30 0001668717 bud:AcquisitionCostMember bud:PlantAndEquipmentFixturesAndFittingsMember 2026-01-01 2026-06-30 0001668717 bud:AcquisitionCostMember ifrs-full:ConstructionInProgressMember 2026-01-01 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember bud:PlantAndEquipmentFixturesAndFittingsMember 2026-01-01 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:LandAndBuildingsMember 2026-01-01 2026-06-30 0001668717 bud:GhostBeveragesLlcMember 2026-01-01 2026-06-30 0001668717 bud:AmbevMember ifrs-full:LegalProceedingsContingentLiabilityMember 2026-01-01 2026-06-30 0001668717 bud:AdministrativeCapabilitiesAndPurchaseOfHardwareAndSoftwareMember 2026-01-01 2026-06-30 0001668717 ifrs-full:ShorttermBorrowingsMember 2026-01-01 2026-06-30 0001668717 ifrs-full:LongtermBorrowingsMember 2026-01-01 2026-06-30 0001668717 bud:BeerBusinessMember 2026-01-01 2026-06-30 0001668717 bud:NonBeerBusinessMember 2026-01-01 2026-06-30 0001668717 bud:AnheuserBuschInBevMember 2026-01-01 2026-06-30 0001668717 bud:EfesMember 2026-01-01 2026-06-30 0001668717 bud:CastelMember 2026-01-01 2026-06-30 0001668717 ifrs-full:TreasurySharesMember 2026-01-01 2026-06-30 0001668717 bud:ProductionFacilitiesMember 2026-01-01 2026-06-30 0001668717 bud:LogisticsAndCommercialInvestmentsMember 2026-01-01 2026-06-30 0001668717 ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember 2026-01-01 2026-06-30 0001668717 bud:TranslationReserveMember 2026-01-01 2026-06-30 0001668717 ifrs-full:RetainedEarningsMember 2026-01-01 2026-06-30 0001668717 ifrs-full:EquityAttributableToOwnersOfParentMember 2026-01-01 2026-06-30 0001668717 ifrs-full:NoncontrollingInterestsMember 2026-01-01 2026-06-30 0001668717 srt:SouthAmericaMember ifrs-full:OperatingSegmentsMember 2026-01-01 2026-06-30 0001668717 srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2026-01-01 2026-06-30 0001668717 srt:NorthAmericaMember ifrs-full:OperatingSegmentsMember 2026-01-01 2026-06-30 0001668717 bud:MiddleAmericaMember ifrs-full:OperatingSegmentsMember 2026-01-01 2026-06-30 0001668717 bud:GlobalExportandHoldingCompaniesMember ifrs-full:OperatingSegmentsMember 2026-01-01 2026-06-30 0001668717 ifrs-full:OperatingSegmentsMember 2026-01-01 2026-06-30 0001668717 bud:EMEASegmentMember ifrs-full:OperatingSegmentsMember 2026-01-01 2026-06-30 0001668717 bud:HedgingReserveMember 2026-01-01 2026-06-30 0001668717 ifrs-full:FloatingInterestRateMember ifrs-full:InterestRateRiskMember 2026-01-01 2026-06-30 0001668717 bud:OrdinaryRestrictedSharesMember 2026-01-01 2026-06-30 0001668717 ifrs-full:TreasurySharesMember 2026-01-01 2026-06-30 0001668717 bud:TreasurySharesOnUseMember 2026-01-01 2026-06-30 0001668717 bud:ABInBevMember 2026-01-01 2026-06-30 0001668717 ifrs-full:EquityPriceRiskMember 2026-01-01 2026-06-30 0001668717 currency:CAD 2026-01-01 2026-06-30 0001668717 currency:BRL 2026-01-01 2026-06-30 0001668717 currency:EUR 2026-01-01 2026-06-30 0001668717 currency:MXN 2026-01-01 2026-06-30 0001668717 currency:KRW 2026-01-01 2026-06-30 0001668717 currency:COP 2026-01-01 2026-06-30 0001668717 currency:CNY 2026-01-01 2026-06-30 0001668717 currency:GBP 2026-01-01 2026-06-30 0001668717 currency:ZAR 2026-01-01 2026-06-30 0001668717 currency:PEN 2026-01-01 2026-06-30 0001668717 currency:USD bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 srt:OtherCurrencyMember bud:AfterHedgingMember ifrs-full:FloatingInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:MXN bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:GBP bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 srt:OtherCurrencyMember bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:USD bud:BeforeHedgingMember ifrs-full:FloatingInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:USD bud:AfterHedgingMember ifrs-full:FloatingInterestRateMember 2026-01-01 2026-06-30 0001668717 srt:OtherCurrencyMember bud:BeforeHedgingMember ifrs-full:FloatingInterestRateMember 2026-01-01 2026-06-30 0001668717 srt:OtherCurrencyMember bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:USD bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:EUR bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:CNY bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:CAD bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:KRW bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:EUR bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:CNY bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:CAD bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:KRW bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:MXN bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 currency:GBP bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-01-01 2026-06-30 0001668717 ifrs-full:TopOfRangeMember ifrs-full:CreditRiskMember 2026-01-01 2026-06-30 0001668717 bud:ReserveMember 2026-01-01 2026-06-30 0001668717 ifrs-full:CreditRiskMember 2026-01-01 2026-06-30 0001668717 ifrs-full:TopOfRangeMember 2026-01-01 2026-06-30 0001668717 ifrs-full:LandAndBuildingsMember 2026-01-01 2026-06-30 0001668717 bud:MachineryEquipmentAndOtherMember 2026-01-01 2026-06-30 0001668717 ifrs-full:PropertyPlantAndEquipmentSubjectToOperatingLeasesMember ifrs-full:BottomOfRangeMember 2026-01-01 2026-06-30 0001668717 ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember ifrs-full:TopOfRangeMember 2026-01-01 2026-06-30 0001668717 bud:ABInBevMember bud:RestrictedStockUnitsMember 2026-01-01 2026-06-30 0001668717 bud:BudweiserApacMember bud:ShareBasedCompensationPlanMember 2026-01-01 2026-06-30 0001668717 bud:PostEmploymentBenefitsMember 2026-01-01 2026-06-30 0001668717 bud:DutchAndBelgianPubRealEstateMember ifrs-full:BottomOfRangeMember 2026-01-01 2026-06-30 0001668717 bud:DutchAndBelgianPubRealEstateMember ifrs-full:TopOfRangeMember 2026-01-01 2026-06-30 0001668717 bud:SabCombinationMember 2026-01-01 2026-06-30 0001668717 bud:CerveceriaBucaneroSAMember 2026-01-01 2026-06-30 0001668717 bud:BeatBoxMember 2026-01-01 2026-06-30 0001668717 bud:CerveceraBucaneroSaMember 2026-01-01 2026-06-30 0001668717 bud:AmbevMember 2026-01-01 2026-06-30 0001668717 bud:SouthKoreanTaxMattersMember 2026-01-01 2026-06-30 0001668717 bud:CerveceriaBucaneroS.aMember bud:CerbucoBrewingIncMember 2026-01-01 2026-06-30 0001668717 bud:OtherRecurringLtiRsuPlansMember bud:LongTermRestrictedStockUnitProgramOneMember 2026-01-01 2026-06-30 0001668717 bud:NetCarryingAmountsMember 2025-12-31 0001668717 bud:ABInBevMember 2025-12-31 0001668717 bud:NetCarryingAmountMember 2025-12-31 0001668717 bud:ContractualCashFlowsMember 2025-12-31 0001668717 ifrs-full:NotLaterThanOneYearMember 2025-12-31 0001668717 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember 2025-12-31 0001668717 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember 2025-12-31 0001668717 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember 2025-12-31 0001668717 ifrs-full:LaterThanFiveYearsMember 2025-12-31 0001668717 bud:NonCurrentLiabilitiesMember 2025-12-31 0001668717 bud:AmbevMember ifrs-full:LegalProceedingsContingentLiabilityMember 2025-12-31 0001668717 bud:BeforeHedgingMember ifrs-full:InterestRateRiskMember 2025-12-31 0001668717 bud:OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember 2025-12-31 0001668717 bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember ifrs-full:LaterThanThreeMonthsMember 2025-12-31 0001668717 bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember ifrs-full:NotLaterThanOneMonthMember 2025-12-31 0001668717 bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember 2025-12-31 0001668717 bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember 2025-12-31 0001668717 ifrs-full:AccumulatedImpairmentMember bud:OtherReceivablesMember 2025-12-31 0001668717 ifrs-full:TradeReceivablesMember 2025-12-31 0001668717 ifrs-full:GrossCarryingAmountMember 2025-12-31 0001668717 ifrs-full:GrossCarryingAmountMember ifrs-full:TradeReceivablesMember 2025-12-31 0001668717 ifrs-full:AccumulatedImpairmentMember ifrs-full:TradeReceivablesMember 2025-12-31 0001668717 ifrs-full:AccumulatedImpairmentMember 2025-12-31 0001668717 bud:OtherReceivablesMember 2025-12-31 0001668717 ifrs-full:GrossCarryingAmountMember bud:OtherReceivablesMember 2025-12-31 0001668717 ifrs-full:Level1OfFairValueHierarchyMember 2025-12-31 0001668717 ifrs-full:Level2OfFairValueHierarchyMember 2025-12-31 0001668717 ifrs-full:DerivativesMember ifrs-full:Level2OfFairValueHierarchyMember bud:NetInvestmentHedgesMember 2025-12-31 0001668717 ifrs-full:DerivativesMember ifrs-full:Level2OfFairValueHierarchyMember ifrs-full:CashFlowHedgesMember 2025-12-31 0001668717 ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember ifrs-full:DerivativesMember ifrs-full:Level2OfFairValueHierarchyMember 2025-12-31 0001668717 ifrs-full:DerivativesMember ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:CashFlowHedgesMember 2025-12-31 0001668717 bud:DerivativeLiabilitiesMember ifrs-full:Level2OfFairValueHierarchyMember ifrs-full:CashFlowHedgesMember 2025-12-31 0001668717 ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember bud:DerivativeLiabilitiesMember ifrs-full:Level2OfFairValueHierarchyMember 2025-12-31 0001668717 ifrs-full:Level3OfFairValueHierarchyMember 2025-12-31 0001668717 bud:DerivativeLiabilitiesMember ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:CashFlowHedgesMember 2025-12-31 0001668717 bud:DerivativeLiabilitiesMember ifrs-full:Level3OfFairValueHierarchyMember bud:DeferredConsiderationOnAcquisitionsMember 2025-12-31 0001668717 bud:DerivativeLiabilitiesMember ifrs-full:Level2OfFairValueHierarchyMember ifrs-full:FairValueHedgesMember 2025-12-31 0001668717 bud:DerivativeLiabilitiesMember ifrs-full:Level2OfFairValueHierarchyMember bud:NetInvestmentHedgesMember 2025-12-31 0001668717 currency:CAD ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:EUR ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:GBP ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:USD ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 srt:OtherCurrencyMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 bud:CurrentLiabilitiesMember 2025-12-31 0001668717 ifrs-full:EquityPriceRiskMember 2025-12-31 0001668717 currency:GBP 2025-12-31 0001668717 currency:PEN 2025-12-31 0001668717 currency:MXN 2025-12-31 0001668717 currency:CAD 2025-12-31 0001668717 currency:CNY 2025-12-31 0001668717 currency:COP 2025-12-31 0001668717 currency:KRW 2025-12-31 0001668717 currency:ZAR 2025-12-31 0001668717 currency:EUR 2025-12-31 0001668717 currency:BRL 2025-12-31 0001668717 currency:ARS 2025-12-31 0001668717 bud:OtherSouthAmericaCountriesMember 2025-12-31 0001668717 country:CN 2025-12-31 0001668717 country:BR 2025-12-31 0001668717 bud:MiddleAmericasCountriesMember 2025-12-31 0001668717 country:MX 2025-12-31 0001668717 country:CO 2025-12-31 0001668717 bud:AsiaPacificCountresMember 2025-12-31 0001668717 bud:OtherNorthAmericaCountriesMember 2025-12-31 0001668717 country:ZA 2025-12-31 0001668717 country:US 2025-12-31 0001668717 srt:EuropeMember 2025-12-31 0001668717 bud:OtherAfricanCountriesMember 2025-12-31 0001668717 bud:AfterHedgingMember ifrs-full:FloatingInterestRateMember 2025-12-31 0001668717 currency:MXN bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:MXN bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:KRW bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:USD bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:USD bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 bud:BeforeHedgingMember ifrs-full:FloatingInterestRateMember 2025-12-31 0001668717 srt:OtherCurrencyMember bud:AfterHedgingMember ifrs-full:FloatingInterestRateMember 2025-12-31 0001668717 srt:OtherCurrencyMember bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 srt:OtherCurrencyMember bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:CNY bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:CNY bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:GBP bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:CAD bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:EUR bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:EUR bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:USD bud:BeforeHedgingMember ifrs-full:FloatingInterestRateMember 2025-12-31 0001668717 currency:KRW bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 srt:OtherCurrencyMember bud:BeforeHedgingMember ifrs-full:FloatingInterestRateMember 2025-12-31 0001668717 currency:CAD bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:GBP bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-12-31 0001668717 currency:USD bud:AfterHedgingMember ifrs-full:FloatingInterestRateMember 2025-12-31 0001668717 bud:CashAndCashEquivalentMember 2025-12-31 0001668717 bud:NonCurrentFinancialAssetsMember 2025-12-31 0001668717 bud:CurrentFinancialAssetsMember 2025-12-31 0001668717 bud:InvestmentSecuritiesMember 2025-12-31 0001668717 ifrs-full:TradeReceivablesMember 2025-12-31 0001668717 bud:ForeignExchangeDerivativesMember 2025-12-31 0001668717 ifrs-full:InterestRateSwapContractMember 2025-12-31 0001668717 bud:CrossCurrencyInterestRateSwapMember 2025-12-31 0001668717 bud:CommodityDerivativesMember 2025-12-31 0001668717 bud:TradesAndOtherPayablesMember 2025-12-31 0001668717 bud:NonCurrentInterestBearingLoansAndBorrowingsMember 2025-12-31 0001668717 bud:NonCurrentFinancialLiabilitiesMember 2025-12-31 0001668717 bud:CurrentInterestBearingLoansAndBorrowingsMember 2025-12-31 0001668717 bud:CurrentFinancialLiabilitiesMember 2025-12-31 0001668717 bud:BankOverdraftMember 2025-12-31 0001668717 bud:EquitySwapsMember 2025-12-31 0001668717 bud:ForeignExchangeDerivativesMember 2025-12-31 0001668717 ifrs-full:InterestRateSwapContractMember 2025-12-31 0001668717 bud:OtherCommodityDerivativesMember 2025-12-31 0001668717 bud:CrosscurrencyInterestRateSwapsMember 2025-12-31 0001668717 srt:NorthAmericaMember ifrs-full:OperatingSegmentsMember 2025-12-31 0001668717 bud:MiddleAmericaMember ifrs-full:OperatingSegmentsMember 2025-12-31 0001668717 srt:SouthAmericaMember ifrs-full:OperatingSegmentsMember 2025-12-31 0001668717 bud:EMEASegmentMember ifrs-full:OperatingSegmentsMember 2025-12-31 0001668717 srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2025-12-31 0001668717 bud:GlobalExportandHoldingCompaniesMember ifrs-full:OperatingSegmentsMember 2025-12-31 0001668717 ifrs-full:OperatingSegmentsMember 2025-12-31 0001668717 bud:PropertyPlantAndEquipmentOwnedMember 2025-12-31 0001668717 bud:PropertyPlantAndEquipmentLeasedMember 2025-12-31 0001668717 bud:MachineryEquipmentAndOtherMember 2025-12-31 0001668717 ifrs-full:LandAndBuildingsMember 2025-12-31 0001668717 bud:PlantAndEquipmentFixturesAndFittingsMember 2025-12-31 0001668717 ifrs-full:ConstructionInProgressMember 2025-12-31 0001668717 ifrs-full:DebtSecuritiesMember 2025-12-31 0001668717 bud:PutOption1Member ifrs-full:Level3OfFairValueHierarchyMember bud:DeferredConsiderationOnAcquisitionsMember 2025-12-31 0001668717 bud:NetCarryingAmountsMember 2026-06-30 0001668717 ifrs-full:ParentMember 2026-06-30 0001668717 bud:ABInBevMember 2026-06-30 0001668717 bud:ForeignSubsidiariesMember bud:TaxAssessmentOneMember 2026-06-30 0001668717 bud:InBevHoldingBrasilSAMember bud:AmbevMember bud:TaxAssessmentTwoMember 2026-06-30 0001668717 bud:BeverageAssociatesHoldingLimitedMember bud:AmbevMember bud:TaxAssessmentThreeMember 2026-06-30 0001668717 bud:MagMember bud:AmbevMember bud:TaxAssessmentNineMember 2026-06-30 0001668717 bud:CNDHoldingsMember bud:AmbevMember bud:TaxAssessmentInNovember2017Member 2026-06-30 0001668717 bud:DisallowanceOfTaxPaidAbroadMember 2026-06-30 0001668717 bud:RioDeJaneiroMember bud:ArosucoMember 2026-06-30 0001668717 bud:IPIExciseTaxMember bud:AmbevMember 2026-06-30 0001668717 bud:IcmsTaxCreditsForRioGrandeDoSulAndSaoPauloMember bud:TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMember 2026-06-30 0001668717 bud:ICMSPRODEPEMember bud:AmbevMember 2026-06-30 0001668717 bud:IcmsstTriggerMember bud:AmbevMember 2026-06-30 0001668717 bud:AmbevMember 2026-06-30 0001668717 bud:DeductibilityOfIocExpensesMember 2026-06-30 0001668717 bud:ManausFreeTradeZoneIpiSocialContributionsMember bud:AmbevMember 2026-06-30 0001668717 bud:ABINBEVSPERUVIANTAXMATTERSMember 2026-06-30 0001668717 bud:AmbevMember 2026-06-30 0001668717 bud:AmbevMember bud:RestrictedStockUnitsMember 2026-06-30 0001668717 ifrs-full:AggregatedIndividuallyImmaterialAssociatesMember 2026-06-30 0001668717 bud:AnheuserBuschInBevMember 2026-06-30 0001668717 ifrs-full:NotLaterThanOneYearMember 2026-06-30 0001668717 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember 2026-06-30 0001668717 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember 2026-06-30 0001668717 ifrs-full:LaterThanFiveYearsMember 2026-06-30 0001668717 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember 2026-06-30 0001668717 bud:NetCarryingAmountMember 2026-06-30 0001668717 bud:ContractualCashFlowsMember 2026-06-30 0001668717 ifrs-full:TreasurySharesMember 2026-06-30 0001668717 bud:NonCurrentLiabilitiesMember 2026-06-30 0001668717 bud:AmbevMember ifrs-full:LegalProceedingsContingentLiabilityMember 2026-06-30 0001668717 ifrs-full:ParentMember ifrs-full:TreasurySharesMember 2026-06-30 0001668717 ifrs-full:LongtermBorrowingsMember 2026-06-30 0001668717 ifrs-full:ShorttermBorrowingsMember 2026-06-30 0001668717 bud:RestrictedStockUnitsMember 2026-06-30 0001668717 bud:BeforeHedgingMember ifrs-full:InterestRateRiskMember 2026-06-30 0001668717 ifrs-full:FloatingInterestRateMember ifrs-full:InterestRateRiskMember 2026-06-30 0001668717 bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember ifrs-full:NotLaterThanOneMonthMember 2026-06-30 0001668717 bud:OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember 2026-06-30 0001668717 bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember 2026-06-30 0001668717 bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember 2026-06-30 0001668717 bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember ifrs-full:LaterThanThreeMonthsMember 2026-06-30 0001668717 ifrs-full:GrossCarryingAmountMember 2026-06-30 0001668717 ifrs-full:AccumulatedImpairmentMember 2026-06-30 0001668717 ifrs-full:GrossCarryingAmountMember ifrs-full:TradeReceivablesMember 2026-06-30 0001668717 ifrs-full:TradeReceivablesMember 2026-06-30 0001668717 ifrs-full:AccumulatedImpairmentMember ifrs-full:TradeReceivablesMember 2026-06-30 0001668717 ifrs-full:AccumulatedImpairmentMember bud:OtherReceivablesMember 2026-06-30 0001668717 bud:OtherReceivablesMember 2026-06-30 0001668717 ifrs-full:GrossCarryingAmountMember bud:OtherReceivablesMember 2026-06-30 0001668717 ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember ifrs-full:DerivativesMember ifrs-full:Level2OfFairValueHierarchyMember 2026-06-30 0001668717 ifrs-full:DerivativesMember ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:CashFlowHedgesMember 2026-06-30 0001668717 ifrs-full:Level1OfFairValueHierarchyMember 2026-06-30 0001668717 ifrs-full:Level2OfFairValueHierarchyMember 2026-06-30 0001668717 ifrs-full:DerivativesMember ifrs-full:Level2OfFairValueHierarchyMember bud:NetInvestmentHedgesMember 2026-06-30 0001668717 ifrs-full:DerivativesMember ifrs-full:Level2OfFairValueHierarchyMember ifrs-full:CashFlowHedgesMember 2026-06-30 0001668717 bud:DerivativeLiabilitiesMember ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:CashFlowHedgesMember 2026-06-30 0001668717 ifrs-full:Level3OfFairValueHierarchyMember 2026-06-30 0001668717 bud:DerivativeLiabilitiesMember ifrs-full:Level3OfFairValueHierarchyMember bud:DeferredConsiderationOnAcquisitionsMember 2026-06-30 0001668717 bud:DerivativeLiabilitiesMember ifrs-full:Level2OfFairValueHierarchyMember ifrs-full:FairValueHedgesMember 2026-06-30 0001668717 bud:DerivativeLiabilitiesMember ifrs-full:Level2OfFairValueHierarchyMember bud:NetInvestmentHedgesMember 2026-06-30 0001668717 bud:DerivativeLiabilitiesMember ifrs-full:Level2OfFairValueHierarchyMember ifrs-full:CashFlowHedgesMember 2026-06-30 0001668717 ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember bud:DerivativeLiabilitiesMember ifrs-full:Level2OfFairValueHierarchyMember 2026-06-30 0001668717 currency:CAD ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 srt:OtherCurrencyMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:EUR ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:GBP ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:USD ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 bud:CurrentLiabilitiesMember 2026-06-30 0001668717 ifrs-full:EquityPriceRiskMember 2026-06-30 0001668717 currency:MXN 2026-06-30 0001668717 currency:COP 2026-06-30 0001668717 currency:KRW 2026-06-30 0001668717 currency:EUR 2026-06-30 0001668717 currency:CNY 2026-06-30 0001668717 currency:CAD 2026-06-30 0001668717 currency:BRL 2026-06-30 0001668717 currency:ARS 2026-06-30 0001668717 currency:ZAR 2026-06-30 0001668717 currency:GBP 2026-06-30 0001668717 currency:PEN 2026-06-30 0001668717 country:CN 2026-06-30 0001668717 country:BR 2026-06-30 0001668717 srt:EuropeMember 2026-06-30 0001668717 bud:OtherSouthAmericaCountriesMember 2026-06-30 0001668717 bud:MiddleAmericasCountriesMember 2026-06-30 0001668717 country:MX 2026-06-30 0001668717 country:CO 2026-06-30 0001668717 bud:AsiaPacificCountresMember 2026-06-30 0001668717 bud:OtherNorthAmericaCountriesMember 2026-06-30 0001668717 country:ZA 2026-06-30 0001668717 bud:OtherAfricanCountriesMember 2026-06-30 0001668717 country:US 2026-06-30 0001668717 srt:OtherCurrencyMember bud:AfterHedgingMember ifrs-full:FloatingInterestRateMember 2026-06-30 0001668717 currency:CNY bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:CNY bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:USD bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:CAD bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:EUR bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:USD bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:USD bud:BeforeHedgingMember ifrs-full:FloatingInterestRateMember 2026-06-30 0001668717 srt:OtherCurrencyMember bud:BeforeHedgingMember ifrs-full:FloatingInterestRateMember 2026-06-30 0001668717 srt:OtherCurrencyMember bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 srt:OtherCurrencyMember bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:GBP bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:KRW bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:KRW bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 bud:BeforeHedgingMember ifrs-full:FloatingInterestRateMember 2026-06-30 0001668717 bud:AfterHedgingMember ifrs-full:FloatingInterestRateMember 2026-06-30 0001668717 currency:USD bud:AfterHedgingMember ifrs-full:FloatingInterestRateMember 2026-06-30 0001668717 currency:MXN bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:MXN bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:EUR bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:GBP bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 currency:CAD bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2026-06-30 0001668717 bud:CashAndCashEquivalentMember 2026-06-30 0001668717 bud:NonCurrentFinancialAssetsMember 2026-06-30 0001668717 bud:CurrentFinancialAssetsMember 2026-06-30 0001668717 ifrs-full:TradeReceivablesMember 2026-06-30 0001668717 bud:InvestmentSecuritiesMember 2026-06-30 0001668717 bud:ForeignExchangeDerivativesMember 2026-06-30 0001668717 ifrs-full:InterestRateSwapContractMember 2026-06-30 0001668717 bud:CrossCurrencyInterestRateSwapMember 2026-06-30 0001668717 bud:CommodityDerivativesMember 2026-06-30 0001668717 bud:CerveceriaNacionalDominicanaSAMember 2026-06-30 0001668717 bud:BankOverdraftMember 2026-06-30 0001668717 bud:TradesAndOtherPayablesMember 2026-06-30 0001668717 bud:NonCurrentInterestBearingLoansAndBorrowingsMember 2026-06-30 0001668717 bud:NonCurrentFinancialLiabilitiesMember 2026-06-30 0001668717 bud:CurrentInterestBearingLoansAndBorrowingsMember 2026-06-30 0001668717 bud:CurrentFinancialLiabilitiesMember 2026-06-30 0001668717 bud:EquitySwapsMember 2026-06-30 0001668717 bud:ForeignExchangeDerivativesMember 2026-06-30 0001668717 ifrs-full:InterestRateSwapContractMember 2026-06-30 0001668717 bud:OtherCommodityDerivativesMember 2026-06-30 0001668717 bud:CrosscurrencyInterestRateSwapsMember 2026-06-30 0001668717 srt:NorthAmericaMember ifrs-full:OperatingSegmentsMember 2026-06-30 0001668717 bud:MiddleAmericaMember ifrs-full:OperatingSegmentsMember 2026-06-30 0001668717 srt:SouthAmericaMember ifrs-full:OperatingSegmentsMember 2026-06-30 0001668717 bud:EMEASegmentMember ifrs-full:OperatingSegmentsMember 2026-06-30 0001668717 srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2026-06-30 0001668717 bud:GlobalExportandHoldingCompaniesMember ifrs-full:OperatingSegmentsMember 2026-06-30 0001668717 ifrs-full:OperatingSegmentsMember 2026-06-30 0001668717 bud:PropertyPlantAndEquipmentOwnedMember 2026-06-30 0001668717 bud:PropertyPlantAndEquipmentLeasedMember 2026-06-30 0001668717 bud:MachineryEquipmentAndOtherMember 2026-06-30 0001668717 ifrs-full:LandAndBuildingsMember 2026-06-30 0001668717 bud:ABInBevMember bud:RestrictedStockUnitsMember 2026-06-30 0001668717 bud:BudweiserApacMember bud:ShareBasedCompensationPlanMember 2026-06-30 0001668717 bud:ArsMember 2026-06-30 0001668717 ifrs-full:ConstructionInProgressMember 2026-06-30 0001668717 bud:PlantAndEquipmentFixturesAndFittingsMember 2026-06-30 0001668717 ifrs-full:DebtSecuritiesMember 2026-06-30 0001668717 bud:BeatBoxMember 2026-06-30 0001668717 bud:UsBasedMetalContainerPlantsMember 2026-06-30 0001668717 bud:BeatBoxBeveragesMember 2026-06-30 0001668717 bud:PutOption1Member ifrs-full:Level3OfFairValueHierarchyMember bud:DeferredConsiderationOnAcquisitionsMember 2026-06-30 0001668717 bud:OtherRecurringLtiRsuPlansMember bud:LongTermRestrictedStockUnitProgramOneMember 2026-06-30 0001668717 ifrs-full:TaxContingentLiabilityMember bud:TanzaniaBreweriesPlcMember 2026-06-30 0001668717 ifrs-full:TaxContingentLiabilityMember bud:TanzaniaBreweriesPlcMember country:TZ 2026-06-30 0001668717 bud:AmbevMember bud:RestrictedStockUnitsMember 2025-06-30 0001668717 ifrs-full:AggregatedIndividuallyImmaterialAssociatesMember 2025-06-30 0001668717 ifrs-full:LongtermBorrowingsMember 2025-06-30 0001668717 ifrs-full:ShorttermBorrowingsMember 2025-06-30 0001668717 bud:RestrictedStockUnitsMember 2025-06-30 0001668717 bud:ABInBevMember bud:RestrictedStockUnitsMember 2025-06-30 0001668717 bud:BudweiserApacMember bud:ShareBasedCompensationPlanMember 2025-06-30 0001668717 bud:ArsMember 2025-06-30 0001668717 bud:OtherRecurringLtiRsuPlansMember bud:LongTermRestrictedStockUnitProgramOneMember 2025-06-30 0001668717 bud:DividendProposedMember 2025-04-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember 2025-01-01 2025-12-31 0001668717 ifrs-full:AtCostMember 2025-01-01 2025-12-31 0001668717 ifrs-full:AccumulatedImpairmentMember 2025-01-01 2025-12-31 0001668717 ifrs-full:GrossCarryingAmountMember 2025-01-01 2025-12-31 0001668717 bud:AcquisitionCostMember 2025-01-01 2025-12-31 0001668717 bud:AmbevMember ifrs-full:LegalProceedingsContingentLiabilityMember 2025-01-01 2025-12-31 0001668717 bud:AnheuserBuschInBevMember 2025-01-01 2025-12-31 0001668717 currency:GBP bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 srt:OtherCurrencyMember bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 srt:OtherCurrencyMember bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:CAD bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:KRW bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:KRW bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:MXN bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:MXN bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:GBP bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:USD bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:EUR bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:EUR bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:CNY bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:CNY bud:AfterHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:CAD bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:USD bud:BeforeHedgingMember ifrs-full:FloatingInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:USD bud:AfterHedgingMember ifrs-full:FloatingInterestRateMember 2025-01-01 2025-12-31 0001668717 srt:OtherCurrencyMember bud:BeforeHedgingMember ifrs-full:FloatingInterestRateMember 2025-01-01 2025-12-31 0001668717 srt:OtherCurrencyMember bud:AfterHedgingMember ifrs-full:FloatingInterestRateMember 2025-01-01 2025-12-31 0001668717 currency:USD bud:BeforeHedgingMember ifrs-full:FixedInterestRateMember 2025-01-01 2025-12-31 0001668717 ifrs-full:LandAndBuildingsMember 2025-01-01 2025-12-31 0001668717 bud:MachineryEquipmentAndOtherMember 2025-01-01 2025-12-31 0001668717 bud:StockLendingArrangementsMember 2025-01-01 2025-12-31 0001668717 bud:CerveceriaNacionalDominicanaSAMember bud:AmbevMember 2024-01-31 2024-01-31 0001668717 bud:CerveceriaNacionalDominicanaSAMember bud:AmbevMember 2024-01-31 0001668717 bud:CerveceriaNacionalDominicanaSAMember bud:AmbevMember 2024-01-01 2024-06-30 0001668717 bud:ForeignSubsidiariesMember bud:TaxAssessmentOneMember 2024-09-30 0001668717 bud:MagMember bud:AmbevMember 2023-11-30 0001668717 bud:IcmsstTriggerMember bud:AmbevMember 2025-02-01 2025-02-28 0001668717 bud:MagMember bud:AmbevMember 2025-10-31 0001668717 bud:ForeignSubsidiariesMember bud:TaxAssessmentOneMember 2026-03-31 0001668717 bud:DividendProposedMember 2025-10-29 0001668717 ifrs-full:ParentMember ifrs-full:TreasurySharesMember 2025-10-29 0001668717 ifrs-full:TreasurySharesMember 2025-10-29 0001668717 bud:DividendProposedMember 2026-04-29 0001668717 bud:UsBasedMetalContainerPlantsMember bud:ApolloMember 2026-01-30 0001668717 bud:UsBasedMetalContainerPlantsMember bud:ApolloMember 2026-01-30 2026-01-30 0001668717 bud:EuropeanCommissionDecisionMember 2019-01-31 0001668717 ifrs-full:ShorttermBorrowingsMember 2024-12-31 0001668717 ifrs-full:LongtermBorrowingsMember 2024-12-31 0001668717 bud:CastelMember 2024-12-31 0001668717 bud:EfesMember 2024-12-31 0001668717 bud:PostEmploymentBenefitsMember 2024-12-31 0001668717 ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember 2024-12-31 0001668717 bud:HedgingReserveMember 2024-12-31 0001668717 bud:TranslationReserveMember 2024-12-31 0001668717 ifrs-full:IssuedCapitalMember 2024-12-31 0001668717 ifrs-full:NoncontrollingInterestsMember 2024-12-31 0001668717 ifrs-full:EquityAttributableToOwnersOfParentMember 2024-12-31 0001668717 ifrs-full:RetainedEarningsMember 2024-12-31 0001668717 bud:ReserveMember 2024-12-31 0001668717 ifrs-full:TreasurySharesMember 2024-12-31 0001668717 ifrs-full:SharePremiumMember 2024-12-31 0001668717 ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember 2025-06-30 0001668717 bud:PostEmploymentBenefitsMember 2025-06-30 0001668717 bud:HedgingReserveMember 2025-06-30 0001668717 bud:TranslationReserveMember 2025-06-30 0001668717 bud:ReserveMember 2025-06-30 0001668717 ifrs-full:RetainedEarningsMember 2025-06-30 0001668717 ifrs-full:TreasurySharesMember 2025-06-30 0001668717 ifrs-full:SharePremiumMember 2025-06-30 0001668717 ifrs-full:IssuedCapitalMember 2025-06-30 0001668717 ifrs-full:NoncontrollingInterestsMember 2025-06-30 0001668717 ifrs-full:EquityAttributableToOwnersOfParentMember 2025-06-30 0001668717 bud:CastelMember 2025-06-30 0001668717 bud:EfesMember 2025-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember 2025-12-31 0001668717 bud:AcquisitionCostMember ifrs-full:ConstructionInProgressMember 2025-12-31 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:LandAndBuildingsMember 2025-12-31 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember bud:PlantAndEquipmentFixturesAndFittingsMember 2025-12-31 0001668717 bud:AcquisitionCostMember 2025-12-31 0001668717 bud:AcquisitionCostMember ifrs-full:LandAndBuildingsMember 2025-12-31 0001668717 bud:AcquisitionCostMember bud:PlantAndEquipmentFixturesAndFittingsMember 2025-12-31 0001668717 ifrs-full:ComputerSoftwareMember ifrs-full:AtCostMember 2025-12-31 0001668717 ifrs-full:OtherIntangibleAssetsMember ifrs-full:AtCostMember 2025-12-31 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember bud:CommercialIntangibleAssetsMember 2025-12-31 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:ComputerSoftwareMember 2025-12-31 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:OtherIntangibleAssetsMember 2025-12-31 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:BrandNamesMember 2025-12-31 0001668717 ifrs-full:AtCostMember 2025-12-31 0001668717 ifrs-full:BrandNamesMember ifrs-full:AtCostMember 2025-12-31 0001668717 bud:CommercialIntangibleAssetsMember ifrs-full:AtCostMember 2025-12-31 0001668717 ifrs-full:OrdinarySharesMember 2026-06-30 0001668717 ifrs-full:ShorttermBorrowingsMember 2025-12-31 0001668717 ifrs-full:LongtermBorrowingsMember 2025-12-31 0001668717 bud:CastelMember 2025-12-31 0001668717 bud:EfesMember 2025-12-31 0001668717 bud:HedgingReserveMember 2025-12-31 0001668717 bud:TranslationReserveMember 2025-12-31 0001668717 bud:PostEmploymentBenefitsMember 2025-12-31 0001668717 ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember 2025-12-31 0001668717 ifrs-full:NoncontrollingInterestsMember 2025-12-31 0001668717 ifrs-full:EquityAttributableToOwnersOfParentMember 2025-12-31 0001668717 ifrs-full:RetainedEarningsMember 2025-12-31 0001668717 bud:ReserveMember 2025-12-31 0001668717 ifrs-full:TreasurySharesMember 2025-12-31 0001668717 ifrs-full:SharePremiumMember 2025-12-31 0001668717 ifrs-full:IssuedCapitalMember 2025-12-31 0001668717 bud:TreasurySharesOnUseMember 2025-12-31 0001668717 ifrs-full:TreasurySharesMember 2026-06-30 0001668717 bud:TreasurySharesOnUseMember 2026-06-30 0001668717 ifrs-full:TreasurySharesMember 2025-12-31 0001668717 bud:HedgingReserveMember 2026-06-30 0001668717 ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember 2026-06-30 0001668717 bud:PostEmploymentBenefitsMember 2026-06-30 0001668717 bud:TranslationReserveMember 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:LandAndBuildingsMember 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember bud:PlantAndEquipmentFixturesAndFittingsMember 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember 2026-06-30 0001668717 bud:AcquisitionCostMember 2026-06-30 0001668717 bud:AcquisitionCostMember bud:PlantAndEquipmentFixturesAndFittingsMember 2026-06-30 0001668717 bud:AcquisitionCostMember ifrs-full:ConstructionInProgressMember 2026-06-30 0001668717 bud:AcquisitionCostMember ifrs-full:LandAndBuildingsMember 2026-06-30 0001668717 ifrs-full:ComputerSoftwareMember 2026-06-30 0001668717 ifrs-full:OtherIntangibleAssetsMember 2026-06-30 0001668717 ifrs-full:ComputerSoftwareMember ifrs-full:AtCostMember 2026-06-30 0001668717 ifrs-full:BrandNamesMember 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:OtherIntangibleAssetsMember 2026-06-30 0001668717 bud:CommercialIntangibleAssetsMember 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember bud:CommercialIntangibleAssetsMember 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:ComputerSoftwareMember 2026-06-30 0001668717 ifrs-full:BrandNamesMember ifrs-full:AtCostMember 2026-06-30 0001668717 bud:CommercialIntangibleAssetsMember ifrs-full:AtCostMember 2026-06-30 0001668717 ifrs-full:OtherIntangibleAssetsMember ifrs-full:AtCostMember 2026-06-30 0001668717 ifrs-full:AtCostMember 2026-06-30 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:BrandNamesMember 2026-06-30 0001668717 ifrs-full:RetainedEarningsMember 2026-06-30 0001668717 ifrs-full:EquityAttributableToOwnersOfParentMember 2026-06-30 0001668717 ifrs-full:NoncontrollingInterestsMember 2026-06-30 0001668717 ifrs-full:IssuedCapitalMember 2026-06-30 0001668717 ifrs-full:SharePremiumMember 2026-06-30 0001668717 bud:ReserveMember 2026-06-30 0001668717 bud:CastelMember 2026-06-30 0001668717 bud:EfesMember 2026-06-30 0001668717 bud:AcquisitionCostMember 2024-12-31 0001668717 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember 2024-12-31 0001668717 ifrs-full:GrossCarryingAmountMember 2024-12-31 0001668717 ifrs-full:AccumulatedImpairmentMember 2024-12-31 0001668717 ifrs-full:AtCostMember 2024-12-31 0001668717 ifrs-full:BrandNamesMember 2025-12-31 0001668717 bud:CommercialIntangibleAssetsMember 2025-12-31 0001668717 ifrs-full:OtherIntangibleAssetsMember 2025-12-31 0001668717 ifrs-full:ComputerSoftwareMember 2025-12-31 iso4217:USD xbrli:shares iso4217:EUR iso4217:BRL iso4217:PEN xbrli:pure iso4217:TZS bud:Brand bud:Segments bud:Employees bud:Region iso4217:USD xbrli:shares bud:Country bud:HLS iso4217:EUR xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE
13a-16
OR
15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of July, 2026
Commission File No.:
001-37911
Anheuser-Busch InBev SA/NV
(Translation of registrant’s name into English)
Brouwerijplein 1
3000 Leuven, Belgium
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form
 
20-F
 
or Form
 
40-F:
Form
20-F ☒     Form
40-F   ☐              
THIS REPORT ON FORM
6-K
SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN THE REGISTRATION STATEMENT ON FORM
F-3
(FILE NO.
333-277873)
AND EACH OF THE REGISTRATION STATEMENTS ON FORM
S-8
(FILE NO.
333-268582),
FORM
S-8
(FILE NO.
333-250930),
FORM
S-8
(FILE NO.
333-237367),
FORM
S-8
(FILE NO.
333-231556),
FORM
S-8
(FILE NO.
333-227335),
FORM
S-8
(FILE NO.
333-172069),
FORM
S-8
(FILE NO.
333-171231),
FORM
S-8
(FILE NO.
333-169272),
FORM
S-8
(FILE NO.
333-165566),
FORM
S-8
(FILE NO.
333-165065),
FORM
S-8
(FILE NO.
333-178664),
FORM
S-8
(FILE NO.
333-188517),
FORM
S-8
(FILE NO.
333-192806),
FORM
S-8
(FILE NO.
333-201386),
FORM
S-8
(FILE NO.
333-208634)
AND FORM
S-8
(FILE NO.
333-221808)
OF ANHEUSER-BUSCH INBEV SA/NV AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.
 
1

Table of Contents
EXHIBIT INDEX
 
Exhibit
Number
  
Description
99.1
  
101
  
Inline Interactive Data File – The instance document does not appear separately because its XBRL tags are embedded within the inline XBRL document.
 
2

Table of Contents
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
 
ANHEUSER-BUSCH INBEV SA/NV
(Registrant)
Dated: July 30, 2026
 
 
By:
 
/s/ Jan Vandermeersch
Name:  Jan Vandermeersch
Title:   Global Legal Director Corporate
 
3