Euro Medium Term Note ProgrammeEuro Medium Term Note Programme • May 3rd, 2012 • Luxembourg
Contract Type FiledMay 3rd, 2012 JurisdictionUnder this A15,000,000,000 Euro Medium Term Note Programme (the ‘‘Programme’’), Brandbrew S.A. (‘‘Brandbrew’’), Anheuser-Busch InBev SA/ NV (‘‘Anheuser-Busch InBev’’) and any of Anheuser-Busch InBev’s other subsidiaries subsequently appointed as an issuer (each a ‘‘New Issuer’’ and, together with Brandbrew and Anheuser-Busch InBev, the ‘‘Issuers’’, and each an ‘‘Issuer’’) may from time to time issue notes (the ‘‘Notes’’) denominated in any currency agreed between the relevant Issuer (as defined below) and the relevant Dealer (as defined below). Anheuser-Busch Companies, LLC (‘‘Anheuser-Busch Companies’’), or any other U.S. subsidiary of Anheuser-Busch InBev, if appointed as an issuer, will issue Notes only in registered form and a new Base Prospectus in relation to such appointment and the ability to issue registered form Notes under the Programme will be required.