AB InBev 1 GRI Standards Index 2017

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AB InBev Standards Index (2017) Index Standard Foundation 101: Reporting Principles 101 Defining report content and quality General Disclosures Art. 20 (1)(g) 102: Organizational Profile Name of the 102-1 organization 102-2 102-3 102-4 102-5 Activities, brands, products, and services Location of headquarters Location of operations Ownership and legal form (p. 40) Anheuser-Busch InBev SA/NV About AB InBev http://www.ab-inbev.com/about-us.html Our brands http://www.ab-inbev.com/our-brands.html Anheuser-Busch InBev Global Headquarters Brouwerijplein, 1 3000 Leuven Belgium Our markets http://www.ab-inbev.com/about-us/ourmarkets.html Shareholder structure http://www.abinbev.com/investors/corporategovernance/shareholder-structure.html 102-6 Markets served http://www.ab-inbev.com/investors.html Our markets http://www.ab-inbev.com/about-us/ourmarkets.html 102-7 Scale of the organization (p. 1 inside gatefold) (p. 1 inside gatefold) AB InBev prepared the Better World section of the using the Global Reporting Initiative () Standards as a guide. AB InBev 1 Standards Index 2017

102-9 Standard Supply chain Brewing Beer the Better World Way (see value chain infographic on pages 6-7 of 2015 Global Citizenship Report) http://www.ab- inbev.com/content/dam/universaltemplate/ab- InBev/sustainability/document.pdf (p. 24-25) 102-10 102-11 Significant changes to the organization and its supply chain Precautionary Principle or approach Beer and brewing http://www.ab-inbev.com/about-us/beer-andbrewing.html 2017 Anheuser-Busch InBev Annual Report AB InBev applies a precautionary approach by managing for risks related to all of our Tier One issues. Materiality Assessment and Development Other reporting downloads http://www.ab-inbev.com/betterworld/reporting.html Governance and reporting http://www.ab-inbev.com/better-world/how-wemanage-sustainability/governance-andreporting.html 102: Strategy (2016) Statement 102-14 from senior decisionmaker al Policy http://www.abinbev.com/content/dam/universaltemplate/abinbev/better%20world/abi_responsible_environme ntal_policy_2014.pdf (p. 2) AB InBev 2 Standards Index 2017

102-15 Standard Key impacts, risks, and opportunities (p. 2) 102: Ethics and Integrity (2016) Values, 102-16 principles, standards, and norms of behavior 102: Governance (2016) Governance 102-18 structure Principle 10: Anticorruption Our policies Global Code of Business Conduct Supplier Anti-corruption Policy http://www.ab-inbev.com/better-world/how-wemanage-sustainability/our-policies.html Corporate Governance http://www.ab-inbev.com/investors/corporategovernance.html 102-20 Executive-level responsibility for economic, environmental, and social topics Better World governance http://www.ab-inbev.com/better-world/how-wemanage-sustainability/governance-andreporting.html AB InBev has a Chief Procurement and Sustainability Officer http://www.ab-inbev.com/about-us/managementteam.html CEO and C-suite executives may have economic, environmental, or social targets, depending on the year and needs identified. 102-21 102-22 Consulting stakeholders on economic, environmental, and social topics Composition of the highest governance body and its committees Art. 20 (1)(g) Recital 18 Issues raised by stakeholders can be sent via the email address posted on our website: Corporategovernance@ab-inbev.com Corporate Governance http://www.ab-inbev.com/investors/corporategovernance.html AB InBev 3 Standards Index 2017

102-23 102-24 102-25 102-26 102-27 102-29 102-30 102-31 102-33 102-35 Standard Chair of the highest governance body Nominating and selecting the highest governance body Conflicts of interest Role of highest governance body in setting purpose, values, and strategy Collective knowledge of highest governance body Identifying and managing economic, environmental, and social impacts Effectiveness of risk management processes Review of economic, environmental, and social topics Communicating critical concerns Remuneration policies Art. 20 (1)(g) Recital 18 Our CEO and Board Chairman positions are held by different people. According to our Corporate Governance Charter, the Board must be composed of a minimum of three members and a maximum of 15 members, all of whom are non-executives. Board members may not hold executive roles in the Company (be it as members of the EBM or otherwise) or be employees of the Company. Code of Business Conduct http://www.ab-inbev.com/better-world/how-wemanage-sustainability/our-policies.html The Board of Directors receives updates regarding ESG topics on an annual basis, at a minimum, as part of scheduled meeting(s). The Board of Directors receives updates regarding ESG topics on an annual basis, at a minimum, as part of scheduled meeting(s). See also, AB InBev 4 Standards Index 2017

102-36 Standard Process for determining remuneration 102: Stakeholder Engagement (2016) 102-41 102-42 102-43 102-44 Collective bargaining agreements Identifying and selecting stakeholders Approach to stakeholder engagement Key topics and concerns raised 102: Reporting Practice (2016) Entities 102-45 included in the consolidated financial statements 102-46 102-47 102-48 102-49 Defining report content and topic boundaries List of material topics Restatements of information Changes in reporting Principle 3: Labour Corporate Governance Statement http://www.ab-inbev.com/investors/corporategovernance.html 2017 Anheuser-Busch InBev Annual Report Our business http://www.ab-inbev.com/investors/ourbusiness.html Global Responsible Sourcing Policy http://www.ab-inbev.com/better-world/how-wemanage-sustainability/our-policies.html Materiality Assessment and Development Other reporting downloads http://www.ab-inbev.com/betterworld/reporting.html Materiality Assessment and Development Other reporting downloads http://www.ab-inbev.com/betterworld/reporting.html Materiality Assessment and Development Other reporting downloads http://www.ab-inbev.com/betterworld/reporting.html Materiality Assessment and Development Other reporting downloads http://www.ab-inbev.com/betterworld/reporting.html Materiality Assessment and Development Other reporting downloads http://www.ab-inbev.com/betterworld/reporting.html This year specific information is being provided to respond to the 2014/95/ within the. For more information see Anheuser-Busch InBev 2017 Annual Report, Report scope (p. 40) AB InBev 5 Standards Index 2017

102-50 102-51 102-52 102-53 102-56 Standard Reporting period Date of most recent report Reporting cycle Contact point for questions regarding the report External assurance (5) 2017 calendar year Released 26 April 2017 Annual Issues raised by stakeholders can be sent via the email address posted on our website: Corporategovernance@abinbev.com We have noted which indicators and Better World metrics have been externally assured by KPMG in the Independent Assurance Report on p. 41 of the Anheuser-Busch InBev 2017 Annual Financial Report. 200: Economic 201: Economic Performance (2016) 201-1 Direct economic value generated and distributed 201-2 201-3 201-4 Financial implications and other risks and opportunities due to climate change Defined benefit plan obligations and other retirement plans Financial assistance received from government Principle 7: For information included in our consolidated financial statements, AB InBev's Statutory auditor is Deloitte (see the Anheuser-Busch InBev 2017 Annual Financial Report). AB InBev's Chief Strategy & External Affairs Officer is the highest level at which assurance for Better World metrics is evaluated. (p. 5) AB InBev 6 Standards Index 2017

Standard 201: Indirect Economic Impacts (2016) Infrastructure 203-1 investments and services supported 203-2 Significant indirect economic impacts 201: Anti-Corruption (2016) 205-2 (pp. 32-38) Communication and training about anticorruption policies and procedures 201: Anti-Competitive Behaviour (2016) Legal actions 206-1 for anticompetitive behavior, antitrust, and monopoly practices 300: al 302: Energy (2016) 302-3 302-4 Energy intensity Reduction of energy consumption Principle 10: Anticorruption Principle 9: We update our Audit Committee on our compliance initiatives and train colleagues on our Global Code of Business Conduct, and in 2017, nearly 100% of employees at a manager level or above were trained on our Global Anti-Corruption Policy. Forms 20-F SEC Filings (see current year) We report energy usage per hectoliter of production in (p. 34) (p. 34) AB InBev 7 Standards Index 2017

Standard 303: Water (2016) Water 303-1 withdrawal by source Principle 7: (p. 33) AB InBev water data is submitted to CDP on an annual basis 303-2 Water sources significantly affected by withdrawal of water (pp. 33-34) SmartBarley http://www.ab-inbev.com/better-world/a-growingworld/growers/smartbarley.html 303-3 Water recycled and reused AB InBev water data is submitted to CDP on an annual basis (p. 33) AB InBev water data is submitted to CDP on an annual basis AB InBev 8 Standards Index 2017

Standard 304: Biodiversity (2016) 304-1 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas 305: Emissions (2016) Direct 305-1 (Scope 1) GHG emissions 305-2 305-3 Energy indirect (Scope 2) GHG emissions Other indirect (Scope 3) GHG emissions Recital 17 Principle 7: Principle 7: Principle 7: Some of our breweries and barley growers operate in or near natural areas rich in biodiversity. We have incorporated the health and well-being of these areas into our environmental strategy. Much of our recent work in this area relates to our goal of protecting and restoring critical watersheds. Several of our facilities maintain property to benefit native habitat and wildlife, preserve watersheds and promote biodiversity awareness through collaborative education, research and conservation projects. al Policy http://www.ab-inbev.com/better-world/ourpolicies.html (p. 34) AB InBev climate change data is submitted to CDP on an annual basis (p. 34) AB InBev climate change data is submitted to CDP on an annual basis (p. 34) AB InBev climate change data is submitted to CDP on an annual basis AB InBev 9 Standards Index 2017

305-4 Standard GHG emissions intensity (p. 34) 305-5 Reduction of GHG emissions 306: Effluents and Waste (2016) 306-2 Waste by type and disposal method 400: Social Principle 9: 403: Occupational Health and Safety (2016) 403-2 Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities 404: Training and Education (2016) 404-2 Programs for upgrading employee skills and transition assistance programs 405: Diversity and Equal Opportunity (2016) 405-1 Diversity of governance bodies and employees AB InBev climate change data is submitted to CDP on an annual basis (p. 34) AB InBev climate change data is submitted to CDP on an annual basis (p. 35) (p. 38) (p. 26) Art. 20 (1)(g) Recital 18 Principle 6: Labour Employee Training www.ab-inbev.com/better-world/ourpeople/employee-training.html Information can be found in the Anheuser-Busch InBev 2017 Annual Report AB InBev 10 Standards Index 2017

Standard 407: Freedom of Association and Collective Bargaining (2016) Principle 3: 407-1 Labour Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk 408: Child Labor (2016) 408-1 Operations and suppliers at significant risk for incidents of child labor (1)(b) (1)(b) 409: Forced or Compulsory Labor (2016) 409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labor (1)(b) 412: Human Rights Assessment (2016) 412-1 412-2 Operations that have been subject to human rights reviews or impact assessments Employee training on human rights policies or procedures (1)(b) (1)(b) Principle 5: Labour Principle 4: Labour Principle 1: Human Rights Principle 1: Human Rights Our policies Human Rights Policy http://www.ab-inbev.com/better-world/ourpolicies.html Our policies Responsible Sourcing Policy Human Rights Policy http://www.ab-inbev.com/better-world/ourpolicies.html (p. 39) Our policies Human Rights Policy http://www.ab-inbev.com/better-world/ourpolicies.html (p. 39) All of our operations are required to adhere to our human rights policy. A human rights policy is included in our Code of Business Conduct, on which we train our employees. AB InBev 11 Standards Index 2017

Standard 414: Supplier Social Assessment (2016) 414-1 New suppliers that were screened using social criteria (1)(b) Principle 2: Human Rights Our purchase contracts contain a clause that binds suppliers to our Global Responsible Sourcing Policy. Our contracts state that suppliers must comply with all applicable laws, including environment, health and safety rules, as well as that suppliers shall not use forced or involuntary labor or corrupt business practices. 415: Public Policy (2016) 415-1 Political contributions 416: Customer Health Safety (2016) Assessment of 416-1 the health and safety impacts of product and service categories Principle 10: Anticorruption Our policies Global Responsible Sourcing Policy http://www.abinbev.com/search.html?query=policies Our passion for beer transfers to our uncompromising commitment to quality that ensures our consumers enjoy the freshest, best-tasting beers. We follow a comprehensive quality management system at our breweries and facilities to maintain product safety, and we extend these standards to our suppliers as well. 417: Marketing and Labeling (2016) Requirements 417-1 for product and service information and labeling Smart drinking (p. 36-37) 419: Socioeconomic Compliance (2016) 419-1 Noncompliance with laws and regulations in the social and economic area If consumers should have any questions, comments or issues, they may call our toll-free customer service number printed on our packaging and speak to a company representative. Through our consumer information policy, we mandate that alcohol by volume (ABV), calories and grains, are listed for our beers on tapintoyourbeer.com. ABV, along with environmental and responsible drinking reminders, are required on all of our labels. Non-compliance with laws Form 20-F (see current year) SEC Filings AB InBev 12 Standards Index 2017