Page 80 - Profile's Stock Exchange Handbook - 2026 Issue 2

JSE - ANH Profile’s Stock Exchange Handbook: 2026 - Issue 2
Anheuser-Busch InBev SA/NV Araxi Ltd.

ISIN: BE0974293251 SHORT: AB INBEV CODE: ANH ISIN: ZAE000208245 SHORT: ARAXI CODE: AXX
REG NO: 0417.497.106. FOUNDED: 1977 LISTED: 2016 REG NO: 2014/253277/06 FOUNDED: 2014 LISTED: 2015
NATURE OF BUSINESS: Anheuser-Busch InBev is a publicly traded NATURE OF BUSINESS: Araxi Ltd. is a financial technology company
company (Euronext: ABI) based in Leuven, Belgium, with secondary that seeks to serve and/or partner with established and emerging
listings on the Mexico (MEXBOL: ANB) and South Africa (JSE: ANH) financial institutions and other clients. The Company facilitates
stock exchanges and with American Depositary Receipts on the the provision of financial services and delivers contemporary and
New York Stock Exchange (NYSE: BUD). innovative technologies and solutions.
SECTOR: CnsStp--FoodBev&Tob--Beverages--Brewers SECTOR: Technology--Technology--Software & CompSer--ComputerService
NUMBER OF EMPLOYEES: 144 000 NUMBER OF EMPLOYEES: 249
DIRECTORS: Biggar L (ind ne, USA), Burns M (ind ne, USA), Chalmers S DIRECTORS: Bulo B (ind ne), Dambuza A S P (ne), Dlamini K D (ld ind ne),
(ne, USA), de Spoelberch G (ne, Belgium), de Ways Ruart P C Maqache R T (ne), Pimstein M (Exec Chair), Sekese V (ind ne),
(ne, Belgium), Garcia C (ne, Brazil), Lemann P (ne, Brazil), Mancuso S Shapiro M, Sacks B (CEO), Douwenga S (CFO)
(ne, USA), Nohria N (ne), Santo Domingo A (ne, Columbia), Sarin Dr A MAJOR ORDINARY SHAREHOLDERS as at 3 Apr 2025
(ind ne, USA), Sicupira H (ne, Brazil), van Damme A (ne, Belgium), Government Employees Pension Fund 26.71%
Van de Put D (ind ne, Belgium), Barrington M J (Chair, ne, USA), Public Investment Corporation (SOC) Ltd. 25.01%
Doukeris M (CEO), Dutra F (CFO) Centric Capital Venture LLC 5.88%
MAJOR ORDINARY SHAREHOLDERS as at 10 Mar 2026 POSTAL ADDRESS: PO Box 785812, Sandton, 2146
Stichting Anheuser-Busch InBev 33.42% MORE INFO: www.sharedata.co.za/sdo/jse/AXX
EPS Participations Sàrl 6.75% COMPANY SECRETARY: Peter Katz (PKF Octagon)
BlackRock, Inc. 3.01% TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
POSTAL ADDRESS: Grand-Place / Grote Markt 1, 1000 Brussels, SPONSOR: Investec Bank Ltd.
Belgium AUDITORS: Deloitte & Touche Inc.
MORE INFO: www.sharedata.co.za/sdo/jse/ANH CAPITAL STRUCTURE Authorised Issued
COMPANY SECRETARY: John Blood AXX Ords no par val 10 000 000 000 1 291 960 171
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Questco Corporate Advisory (Pty) Ltd. DISTRIBUTIONS [ZARc]
AUDITORS: PwC Bedrijfsrevisoren BV Ords no par val Ldt Pay Amt
CAPITAL STRUCTURE Authorised Issued Interim No 17 29 Dec 25 5 Jan 26 4.50
ANH Ords no par val - 1 797 203 531 Final No 16 8 Jul 25 14 Jul 25 7.50
DISTRIBUTIONS [EURc] LIQUIDITY: Apr26 Avg 4m shares p.w., R6.3m(15.4% p.a.)
Ords no par val Ldt Pay Amt
Interim No 2 15 Nov 16 21 Nov 16 160.00
Final No 1 28 Apr 16 9 May 16 200.00
LIQUIDITY: Apr26 Avg 2m shares p.w., R2 232.0m(5.5% p.a.)

NOTE: Capital Appreciation Ltd. renamed to Araxi Ltd. on 1 October 2025.
FINANCIAL STATISTICS
Sep 25 Mar 25 Mar 24 Mar 23 Mar 22
(R ‘000)
Interim Final Final(rst) Final(rst) Final
Turnover 652 913 1 250 733 1 161 981 995 113 830 978
FINANCIAL STATISTICS Op Inc 122 141 285 373 233 660 192 957 211 816
Dec 25 Dec 24 Dec 23 Dec 22 Dec 21
(USD million) NetIntPd(Rcvd) - 11 263 - 13 436 - 32 944 - 36 219 - 22 069
Final Final Final Final Final
958
126
61
- 159
172
Turnover 59 320 59 768 59 380 57 786 54 304 Minority Int 90 838 207 064 165 017 90 953 163 230
Att Inc
Op Inc 15 854 15 462 14 590 14 768 14 438 TotCompInc/Loss 90 747 207 143 164 845 91 160 163 333
NetIntPd(Rcvd) 4 465 5 353 5 102 4 148 5 609 Fixed Ass 61 336 67 450 71 711 42 481 24 065
Minority Int 1 640 1 561 1 550 1 628 1 444 Inv & Loans 9 999 9 811 21 527 12 154 54 624
Att Inc 6 837 5 855 5 340 5 969 4 670 Tot Curr Ass 728 212 693 307 692 504 760 369 679 626
TotCompInc/Loss 15 203 - 1 396 10 767 6 283 2 233 Ord SH Int 1 515 319 1 533 376 1 470 338 1 392 755 1 482 531
Fixed Ass 23 664 23 503 26 818 26 671 26 678
1 747
2 054
1 588
1 096
1 714
Inv & Loans 161 168 178 175 161 Minority Int 60 155 65 239 119 608 54 004 24 968
LT Liab
Tot Curr Ass 24 580 22 966 23 333 23 156 23 919 Tot Curr Liab 273 460 260 820 202 526 222 522 94 782
Ord SH Int 87 287 78 237 81 848 73 397 68 669 PER SHARE STATISTICS (cents per share)
Minority Int 10 449 10 463 10 828 10 880 10 671
LT Liab 86 596 84 871 89 508 94 281 104 104 HEPS-C (ZARc) 7.82 17.57 13.99 7.44 13.40
Tot Curr Liab 34 475 33 066 37 156 34 385 34 183 DPS (ZARc) 4.50 12.00 10.00 8.25 7.50
PER SHARE STATISTICS (cents per share) NAV PS (ZARc) 115.67 117.05 112.24 106.32 120.60
0.65
0.65
0.74
0.81
0.38
3 Yr Beta
HEPS-C (ZARc) 6 458.29 5 544.96 5 375.72 6 161.18 3 608.76 Price High 190 190 165 190 220
DPS (ZARc) 2 184.50 2 115.42 1 670.70 1 516.38 841.29 Price Low 123 111 95 116 95
NAV PS (ZARc) 71 714.59 73 160.76 74 623.09 67 536.25 55 541.09 Price Prd End 184 133 119 157 185
3 Yr Beta - - - 0.77 0.84
Price High 129 150 124 901 123 201 107 900 111 164 RATIOS
Price Low 87 301 90 788 99 000 79 601 80 627 Ret on SH Fnd 11.99 13.48 11.22 6.59 11.01
Price Prd End 107 050 93 798 120 014 102 384 96 268 Oper Pft Mgn 18.71 22.82 20.11 19.39 25.49
RATIOS D:E 0.04 0.04 0.08 0.04 0.02
Ret on SH Fnd 8.67 8.36 7.43 9.01 7.71 Current Ratio 2.66 2.66 3.42 3.42 7.17
Oper Pft Mgn 26.73 25.87 24.57 25.56 26.59 Div Cover 1.74 1.47 1.40 0.90 1.78
D:E 0.90 0.97 1.01 1.13 1.33
Current Ratio 0.71 0.69 0.63 0.67 0.70
Div Cover 2.83 2.52 2.88 3.37 4.10
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