AB INBEV AND SOUTH AFRICAN BREWERIES (SAB)

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AB InBev and South African Breweries (SAB) in relation to the unwinding of its SAB Zenzele B-BBEE scheme (which launched in 2010 and matured in March 2020), delivering ZAR 9.7 billion to its participants (the highest B-BBEE value creation in the FMCG industry to date), and the implementation of a new B-BBEE ownership transaction through SAB Zenzele Kabili, owning ZAR 5.4 billion worth of AB InBev shares. SAB Zenzele Kabili will be listed on the B-BBEE segment of the JSE.