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ANHEUSER-BUSCH INBEV SA/NV 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

51Reported items
325Asset managers
4,695Fund votes
2024-04-24Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore ANHEUSER-BUSCH INBEV SA/NV in the interactive database Compare manager voting policies

How asset managers voted at the ANHEUSER-BUSCH INBEV SA/NV 2023-2024 meeting

Each item below shows how the 325 asset managers that disclosed a ANHEUSER-BUSCH INBEV SA/NV vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of ANHEUSER-BUSCH INBEV SA/NV’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Remuneration report: approving the remuneration report for the financial year 2023. The 2023 annual report containing the remuneration report is available on the Company's website.

SECTION 14A SAY-ON-PAY VOTES

Combines 4 wordings of this item as funds reported it.

19% fund support · no official result

FOR 19%AGAINST 81%

The 201 asset managers below cast 19% of the shares they voted on this item FOR (2,844,659 for, 12,088,785 against).

FOR: 2,844,659 (19.0%)AGAINST: 12,088,785 (80.9%)ABSTAIN: 110 (0.0%)NOT VOTED: 627 (0.0%)UNKNOWN: 47 (0.0%)

Largest asset managers voting on “Remuneration report: approving the remuneration report for the financial year 2023. The 2023 annual report con” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
John Hancock	0	3,820,761	Against
CITY NATIONAL ROCHDALE FUNDS	0	3,805,407	Against
DAVENPORT & Co LLC	0	1,544,508	Against
Northern Trust	887,950	847	For
ALPS Series Trust	575,000	17,100	For
Clarkston Capital Partners, LLC	531,990	0	For
ENVESTNET ASSET MANAGEMENT INC	0	520,919	Against
RAYMOND JAMES & ASSOCIATES	0	516,222	Against
FIRST MANHATTAN CO. LLC.	0	468,400	Against
WILLIAMSBURG INVESTMENT TRUST	0	464,365	Against
ARMISTICE CAPITAL, LLC	308,125	0	For
Natixis	0	184,827	Against
US BANK NATIONAL ASSOCIATION	0	129,908	Against
Cook & Bynum Funds Trust	128,304	0	For
Douglas Lane & Associates, LLC	97,577	0	For
SCOTIA CAPITAL INC.	0	92,272	Against
Baird	0	60,297	Against
D.A. DAVIDSON & CO.	0	53,977	Against
SCHWERIN BOYLE CAPITAL MANAGEMENT INC	51,400	0	For
OPPENHEIMER ASSET MANAGEMENT INC.	0	49,153	Against
HIGHLAND CAPITAL MANAGEMENT, LLC	0	45,884	Against
PNC BANK, NATIONAL ASSOCIATION	0	38,204	Against
Beacon Pointe Advisors, LLC	32,798	0	For
TRUST FOR PROFESSIONAL MANAGERS	0	31,579	Against
TRUIST FINANCIAL CORP	0	29,846	Against

Showing the 25 largest of 201 asset managers. See all 201 in the interactive database.

2. APPROVE REMUNERATION REPORT

SECTION 14A SAY-ON-PAY VOTES

12% fund support · no official result

11%AGAINST 86%

The 104 asset managers below cast 12% of the shares they voted on this item FOR (15,712,153 for, 120,424,172 against).

FOR: 15,712,153 (11.2%)AGAINST: 120,424,172 (85.8%)ABSTAIN: 4,183,490 (3.0%)NOT VOTED: 66,611 (0.0%)

Largest asset managers voting on “APPROVE REMUNERATION REPORT” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
Dodge & Cox	0	41,979,663	0	Against
Vanguard	0	26,826,846	0	Against
BlackRock	0	14,334,846	0	Against
BLS CAPITAL FONDSMAEGLERSELSKAB A/S	7,540,075	0	0	For
Fidelity	0	6,802,387	0	Against
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	0	0	For
Six Circles Trust	0	4,141,921	0	Against
TEMPLETON GROWTH FUND INC	0	3,359,292	0	Against
BAILLIE GIFFORD OVERSEAS LTD	0	0	2,906,972	Abstain
APG Asset Management US Inc.	0	2,856,917	0	Against
TIAA	0	2,388,845	0	Against
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	2,302,415	0	Against
State Street	0	2,141,035	0	Against
1832 Asset Management L.P.	1,606,132	47,284	0	For
JPMorgan	0	1,483,794	0	Against
Dimensional	0	1,098,175	0	Against
INTERNATIONAL GROWTH & INCOME FUND	0	997,800	0	Against
Transamerica	0	931,558	0	Against
FINANCIAL INVESTORS TRUST	0	922,000	0	Against
Bridge Builder Trust	0	56,462	829,039	Abstain
Northern Trust	734,901	4,136	0	For
WisdomTree	0	646,375	0	Against
Jackson National	0	632,086	0	Against
Northwestern Mutual	0	545,000	0	Against
Equitable	58,500	462,882	0	Against

Showing the 25 largest of 104 asset managers. See all 104 in the interactive database.

3. Approve Discharge of Auditors

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (121,709,535 for, 0 against).

FOR: 121,709,535 (99.9%)NOT VOTED: 66,261 (0.1%)

Largest asset managers voting on “Approve Discharge of Auditors” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
Dodge & Cox	41,979,663	For
Vanguard	26,826,846	For
BlackRock	14,334,846	For
Fidelity	6,802,387	For
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	For
Six Circles Trust	4,141,921	For
TEMPLETON GROWTH FUND INC	3,359,292	For
TIAA	2,388,845	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,302,415	For
State Street	2,141,035	For
Dimensional	1,098,175	For
INTERNATIONAL GROWTH & INCOME FUND	997,800	For
Transamerica	931,558	For
FINANCIAL INVESTORS TRUST	922,000	For
Bridge Builder Trust	885,501	For
WisdomTree	646,375	For
Jackson National	632,086	For
Northwestern Mutual	545,000	For
Equitable	521,382	For
John Hancock	481,986	For
Columbia Threadneedle	465,176	For
INVESTMENT CO OF AMERICA	371,763	For
Principal	370,662	For
Advisors' Inner Circle Fund III	350,974	For
DWS	346,486	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

4. Approve Discharge of Directors

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (121,709,535 for, 0 against).

FOR: 121,709,535 (99.9%)NOT VOTED: 66,261 (0.1%)

Largest asset managers voting on “Approve Discharge of Directors” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
Dodge & Cox	41,979,663	For
Vanguard	26,826,846	For
BlackRock	14,334,846	For
Fidelity	6,802,387	For
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	For
Six Circles Trust	4,141,921	For
TEMPLETON GROWTH FUND INC	3,359,292	For
TIAA	2,388,845	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,302,415	For
State Street	2,141,035	For
Dimensional	1,098,175	For
INTERNATIONAL GROWTH & INCOME FUND	997,800	For
Transamerica	931,558	For
FINANCIAL INVESTORS TRUST	922,000	For
Bridge Builder Trust	885,501	For
WisdomTree	646,375	For
Jackson National	632,086	For
Northwestern Mutual	545,000	For
Equitable	521,382	For
John Hancock	481,986	For
Columbia Threadneedle	465,176	For
INVESTMENT CO OF AMERICA	371,763	For
Principal	370,662	For
Advisors' Inner Circle Fund III	350,974	For
DWS	346,486	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

5. Approve Financial Statements, Allocation of Income, and Dividends of EUR 0.82 per Share

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (121,709,535 for, 0 against).

FOR: 121,709,535 (99.9%)NOT VOTED: 66,261 (0.1%)

Largest asset managers voting on “Approve Financial Statements, Allocation of Income, and Dividends of EUR 0.82 per Share” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
Dodge & Cox	41,979,663	For
Vanguard	26,826,846	For
BlackRock	14,334,846	For
Fidelity	6,802,387	For
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	For
Six Circles Trust	4,141,921	For
TEMPLETON GROWTH FUND INC	3,359,292	For
TIAA	2,388,845	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,302,415	For
State Street	2,141,035	For
Dimensional	1,098,175	For
INTERNATIONAL GROWTH & INCOME FUND	997,800	For
Transamerica	931,558	For
FINANCIAL INVESTORS TRUST	922,000	For
Bridge Builder Trust	885,501	For
WisdomTree	646,375	For
Jackson National	632,086	For
Northwestern Mutual	545,000	For
Equitable	521,382	For
John Hancock	481,986	For
Columbia Threadneedle	465,176	For
INVESTMENT CO OF AMERICA	371,763	For
Principal	370,662	For
Advisors' Inner Circle Fund III	350,974	For
DWS	346,486	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

6. Authorize Implementation of Approved Resolutions and Filing of Required Documents/Formalities at Trade Registry

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (121,709,535 for, 0 against).

FOR: 121,709,535 (99.9%)NOT VOTED: 66,261 (0.1%)

Largest asset managers voting on “Authorize Implementation of Approved Resolutions and Filing of Required Documents/Formalities at Trade Registr” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
Dodge & Cox	41,979,663	For
Vanguard	26,826,846	For
BlackRock	14,334,846	For
Fidelity	6,802,387	For
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	For
Six Circles Trust	4,141,921	For
TEMPLETON GROWTH FUND INC	3,359,292	For
TIAA	2,388,845	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,302,415	For
State Street	2,141,035	For
Dimensional	1,098,175	For
INTERNATIONAL GROWTH & INCOME FUND	997,800	For
Transamerica	931,558	For
FINANCIAL INVESTORS TRUST	922,000	For
Bridge Builder Trust	885,501	For
WisdomTree	646,375	For
Jackson National	632,086	For
Northwestern Mutual	545,000	For
Equitable	521,382	For
John Hancock	481,986	For
Columbia Threadneedle	465,176	For
INVESTMENT CO OF AMERICA	371,763	For
Principal	370,662	For
Advisors' Inner Circle Fund III	350,974	For
DWS	346,486	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

7. Reelect Alejandro Santo Domingo as Restricted Share Director

DIRECTOR ELECTIONS

21% fund support · no official result

FOR 21%AGAINST 79%

The 81 asset managers below cast 21% of the shares they voted on this item FOR (25,476,166 for, 96,233,369 against).

FOR: 25,476,166 (20.9%)AGAINST: 96,233,369 (79.0%)NOT VOTED: 66,261 (0.1%)

Largest asset managers voting on “Reelect Alejandro Santo Domingo as Restricted Share Director” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Dodge & Cox	0	41,979,663	Against
Vanguard	0	26,826,846	Against
BlackRock	14,334,846	0	For
Fidelity	0	6,802,387	Against
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	0	For
Six Circles Trust	4,141,921	0	For
TEMPLETON GROWTH FUND INC	0	3,359,292	Against
TIAA	0	2,388,845	Against
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	2,302,415	Against
State Street	0	2,141,035	Against
Dimensional	0	1,098,175	Against
INTERNATIONAL GROWTH & INCOME FUND	0	997,800	Against
Transamerica	0	931,558	Against
FINANCIAL INVESTORS TRUST	0	922,000	Against
Bridge Builder Trust	875,121	10,380	For
WisdomTree	0	646,375	Against
Jackson National	1,105	630,981	Against
Northwestern Mutual	0	545,000	Against
Equitable	305,840	215,542	For
John Hancock	452,035	29,951	For
Columbia Threadneedle	0	465,176	Against
INVESTMENT CO OF AMERICA	0	371,763	Against
Principal	0	370,662	Against
Advisors' Inner Circle Fund III	0	350,974	Against
DWS	0	346,486	Against

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

8. Reelect Alexandre Van Damme as Director

DIRECTOR ELECTIONS

5% fund support · no official result

AGAINST 95%

The 81 asset managers below cast 5% of the shares they voted on this item FOR (6,230,929 for, 115,478,606 against).

FOR: 6,230,929 (5.1%)AGAINST: 115,478,606 (94.8%)NOT VOTED: 66,261 (0.1%)

Largest asset managers voting on “Reelect Alexandre Van Damme as Director” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Dodge & Cox	0	41,979,663	Against
Vanguard	0	26,826,846	Against
BlackRock	0	14,334,846	Against
Fidelity	0	6,802,387	Against
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	0	For
Six Circles Trust	0	4,141,921	Against
TEMPLETON GROWTH FUND INC	0	3,359,292	Against
TIAA	0	2,388,845	Against
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	2,302,415	Against
State Street	0	2,141,035	Against
Dimensional	0	1,098,175	Against
INTERNATIONAL GROWTH & INCOME FUND	0	997,800	Against
Transamerica	0	931,558	Against
FINANCIAL INVESTORS TRUST	0	922,000	Against
Bridge Builder Trust	829,039	56,462	For
WisdomTree	0	646,375	Against
Jackson National	0	632,086	Against
Northwestern Mutual	0	545,000	Against
Equitable	58,500	462,882	Against
John Hancock	452,035	29,951	For
Columbia Threadneedle	0	465,176	Against
INVESTMENT CO OF AMERICA	0	371,763	Against
Principal	0	370,662	Against
Advisors' Inner Circle Fund III	0	350,974	Against
DWS	0	346,486	Against

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

9. Reelect Gregoire de Spoelberch as Director

DIRECTOR ELECTIONS

21% fund support · no official result

FOR 21%AGAINST 79%

The 81 asset managers below cast 21% of the shares they voted on this item FOR (25,463,490 for, 96,246,045 against).

FOR: 25,463,490 (20.9%)AGAINST: 96,246,045 (79.0%)NOT VOTED: 66,261 (0.1%)

Largest asset managers voting on “Reelect Gregoire de Spoelberch as Director” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Dodge & Cox	0	41,979,663	Against
Vanguard	0	26,826,846	Against
BlackRock	14,334,846	0	For
Fidelity	0	6,802,387	Against
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	0	For
Six Circles Trust	4,141,921	0	For
TEMPLETON GROWTH FUND INC	0	3,359,292	Against
TIAA	0	2,388,845	Against
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	2,302,415	Against
State Street	0	2,141,035	Against
Dimensional	0	1,098,175	Against
INTERNATIONAL GROWTH & INCOME FUND	0	997,800	Against
Transamerica	0	931,558	Against
FINANCIAL INVESTORS TRUST	0	922,000	Against
Bridge Builder Trust	875,121	10,380	For
WisdomTree	0	646,375	Against
Jackson National	0	632,086	Against
Northwestern Mutual	0	545,000	Against
Equitable	305,840	215,542	For
John Hancock	452,035	29,951	For
Columbia Threadneedle	0	465,176	Against
INVESTMENT CO OF AMERICA	0	371,763	Against
Principal	0	370,662	Against
Advisors' Inner Circle Fund III	0	350,974	Against
DWS	0	346,486	Against

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

10. Reelect Martin J. Barrington as Restricted Share Director

DIRECTOR ELECTIONS

5% fund support · no official result

AGAINST 95%

The 81 asset managers below cast 5% of the shares they voted on this item FOR (6,505,353 for, 115,204,182 against).

FOR: 6,505,353 (5.3%)AGAINST: 115,204,182 (94.6%)NOT VOTED: 66,261 (0.1%)

Largest asset managers voting on “Reelect Martin J. Barrington as Restricted Share Director” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Dodge & Cox	0	41,979,663	Against
Vanguard	0	26,826,846	Against
BlackRock	0	14,334,846	Against
Fidelity	0	6,802,387	Against
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	0	For
Six Circles Trust	0	4,141,921	Against
TEMPLETON GROWTH FUND INC	0	3,359,292	Against
TIAA	0	2,388,845	Against
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	2,302,415	Against
State Street	0	2,141,035	Against
Dimensional	0	1,098,175	Against
INTERNATIONAL GROWTH & INCOME FUND	0	997,800	Against
Transamerica	0	931,558	Against
FINANCIAL INVESTORS TRUST	0	922,000	Against
Bridge Builder Trust	829,039	56,462	For
WisdomTree	0	646,375	Against
Jackson National	1,105	630,981	Against
Northwestern Mutual	0	545,000	Against
Equitable	274,042	247,340	For
John Hancock	452,035	29,951	For
Columbia Threadneedle	0	465,176	Against
INVESTMENT CO OF AMERICA	0	371,763	Against
Principal	0	370,662	Against
Advisors' Inner Circle Fund III	0	350,974	Against
DWS	0	346,486	Against

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

11. Reelect Michele Burns as Independent Director

DIRECTOR ELECTIONS

58% fund support · no official result

FOR 58%AGAINST 42%

The 81 asset managers below cast 58% of the shares they voted on this item FOR (70,403,070 for, 51,306,465 against).

FOR: 70,403,070 (57.8%)AGAINST: 51,306,465 (42.1%)NOT VOTED: 66,261 (0.1%)

Largest asset managers voting on “Reelect Michele Burns as Independent Director” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Dodge & Cox	41,979,663	0	For
Vanguard	0	26,826,846	Against
BlackRock	0	14,334,846	Against
Fidelity	6,798,492	3,895	For
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	0	For
Six Circles Trust	0	4,141,921	Against
TEMPLETON GROWTH FUND INC	0	3,359,292	Against
TIAA	2,388,845	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,302,415	0	For
State Street	2,141,035	0	For
Dimensional	0	1,098,175	Against
INTERNATIONAL GROWTH & INCOME FUND	997,800	0	For
Transamerica	931,558	0	For
FINANCIAL INVESTORS TRUST	922,000	0	For
Bridge Builder Trust	839,419	46,082	For
WisdomTree	646,375	0	For
Jackson National	632,086	0	For
Northwestern Mutual	545,000	0	For
Equitable	274,042	247,340	For
John Hancock	481,986	0	For
Columbia Threadneedle	0	465,176	Against
INVESTMENT CO OF AMERICA	371,763	0	For
Principal	370,662	0	For
Advisors' Inner Circle Fund III	350,974	0	For
DWS	346,486	0	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

12. Reelect Paul Cornet de Ways Ruart as Director

DIRECTOR ELECTIONS

21% fund support · no official result

FOR 21%AGAINST 79%

The 81 asset managers below cast 21% of the shares they voted on this item FOR (25,464,595 for, 96,244,940 against).

FOR: 25,464,595 (20.9%)AGAINST: 96,244,940 (79.0%)NOT VOTED: 66,261 (0.1%)

Largest asset managers voting on “Reelect Paul Cornet de Ways Ruart as Director” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Dodge & Cox	0	41,979,663	Against
Vanguard	0	26,826,846	Against
BlackRock	14,334,846	0	For
Fidelity	0	6,802,387	Against
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	0	For
Six Circles Trust	4,141,921	0	For
TEMPLETON GROWTH FUND INC	0	3,359,292	Against
TIAA	0	2,388,845	Against
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	2,302,415	Against
State Street	0	2,141,035	Against
Dimensional	0	1,098,175	Against
INTERNATIONAL GROWTH & INCOME FUND	0	997,800	Against
Transamerica	0	931,558	Against
FINANCIAL INVESTORS TRUST	0	922,000	Against
Bridge Builder Trust	875,121	10,380	For
WisdomTree	0	646,375	Against
Jackson National	1,105	630,981	Against
Northwestern Mutual	0	545,000	Against
Equitable	305,840	215,542	For
John Hancock	452,035	29,951	For
Columbia Threadneedle	0	465,176	Against
INVESTMENT CO OF AMERICA	0	371,763	Against
Principal	0	370,662	Against
Advisors' Inner Circle Fund III	0	350,974	Against
DWS	0	346,486	Against

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

13. Reelect Paulo Lemann as Director

DIRECTOR ELECTIONS

21% fund support · no official result

FOR 21%AGAINST 79%

The 81 asset managers below cast 21% of the shares they voted on this item FOR (25,476,166 for, 96,233,369 against).

FOR: 25,476,166 (20.9%)AGAINST: 96,233,369 (79.0%)NOT VOTED: 66,261 (0.1%)

Largest asset managers voting on “Reelect Paulo Lemann as Director” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Dodge & Cox	0	41,979,663	Against
Vanguard	0	26,826,846	Against
BlackRock	14,334,846	0	For
Fidelity	0	6,802,387	Against
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	0	For
Six Circles Trust	4,141,921	0	For
TEMPLETON GROWTH FUND INC	0	3,359,292	Against
TIAA	0	2,388,845	Against
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	2,302,415	Against
State Street	0	2,141,035	Against
Dimensional	0	1,098,175	Against
INTERNATIONAL GROWTH & INCOME FUND	0	997,800	Against
Transamerica	0	931,558	Against
FINANCIAL INVESTORS TRUST	0	922,000	Against
Bridge Builder Trust	875,121	10,380	For
WisdomTree	0	646,375	Against
Jackson National	1,105	630,981	Against
Northwestern Mutual	0	545,000	Against
Equitable	305,840	215,542	For
John Hancock	452,035	29,951	For
Columbia Threadneedle	0	465,176	Against
INVESTMENT CO OF AMERICA	0	371,763	Against
Principal	0	370,662	Against
Advisors' Inner Circle Fund III	0	350,974	Against
DWS	0	346,486	Against

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

14. Reelect Salvatore Mancuso as Restricted Share Director

DIRECTOR ELECTIONS

21% fund support · no official result

FOR 21%AGAINST 79%

The 81 asset managers below cast 21% of the shares they voted on this item FOR (25,024,131 for, 96,685,404 against).

FOR: 25,024,131 (20.5%)AGAINST: 96,685,404 (79.4%)NOT VOTED: 66,261 (0.1%)

Largest asset managers voting on “Reelect Salvatore Mancuso as Restricted Share Director” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Dodge & Cox	0	41,979,663	Against
Vanguard	0	26,826,846	Against
BlackRock	14,334,846	0	For
Fidelity	0	6,802,387	Against
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	0	For
Six Circles Trust	4,141,921	0	For
TEMPLETON GROWTH FUND INC	0	3,359,292	Against
TIAA	0	2,388,845	Against
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	2,302,415	Against
State Street	0	2,141,035	Against
Dimensional	0	1,098,175	Against
INTERNATIONAL GROWTH & INCOME FUND	0	997,800	Against
Transamerica	0	931,558	Against
FINANCIAL INVESTORS TRUST	0	922,000	Against
Bridge Builder Trust	875,121	10,380	For
WisdomTree	0	646,375	Against
Jackson National	1,105	630,981	Against
Northwestern Mutual	0	545,000	Against
Equitable	305,840	215,542	For
John Hancock	0	481,986	Against
Columbia Threadneedle	0	465,176	Against
INVESTMENT CO OF AMERICA	0	371,763	Against
Principal	0	370,662	Against
Advisors' Inner Circle Fund III	0	350,974	Against
DWS	0	346,486	Against

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

15. Appoint PwC as Auditors for the Sustainability Reporting

CORPORATE GOVERNANCEENVIRONMENT OR CLIMATE

100% fund support · no official result

FOR 99.9%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (118,817,774 for, 0 against).

FOR: 118,817,774 (99.9%)NOT VOTED: 66,261 (0.1%)

Largest asset managers voting on “Appoint PwC as Auditors for the Sustainability Reporting” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
Dodge & Cox	41,979,663	For
Vanguard	26,826,846	For
BlackRock	14,334,846	For
Fidelity	6,802,387	For
HARRIS ASSOCIATES INVESTMENT TRUST	4,213,900	For
Six Circles Trust	4,141,921	For
TEMPLETON GROWTH FUND INC	3,359,292	For
TIAA	2,388,845	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,302,415	For
State Street	2,141,035	For
Dimensional	1,098,175	For
INTERNATIONAL GROWTH & INCOME FUND	997,800	For
Transamerica	931,558	For
FINANCIAL INVESTORS TRUST	922,000	For
WisdomTree	646,375	For
Northwestern Mutual	545,000	For
Equitable	521,382	For
Columbia Threadneedle	465,176	For
INVESTMENT CO OF AMERICA	371,763	For
Principal	370,662	For
Advisors' Inner Circle Fund III	350,974	For
DWS	346,486	For
Northern Trust	292,139	For
Catholic Responsible Investments Funds	240,715	For
Goldman Sachs	195,331	For

Showing the 25 largest of 69 asset managers. See all 69 in the interactive database.

16. Extension mandate of statutory auditor and remuneration: in anticipation of, and subject to, the imminent transposition of Directive (EU) 2022/2464 of the European Parliament and of the Council of 14 December 2022 amending Regulation (EU) No 537/2014, Directive 2004/109/EC, Directive 2006/43/EC and Directive 2013/34/EU, as regards corporate sustainability reporting ("CSRD") into Belgian law, exten

COMPENSATION

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (8,907,754 for, 0 against).

FOR: 8,907,754 (100.0%)

Largest asset managers voting on “Extension mandate of statutory auditor and remuneration: in anticipation of, and subject to, the imminent tran” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
John Hancock	3,820,761	For
CITY NATIONAL ROCHDALE FUNDS	3,805,407	For
ALPS Series Trust	592,100	For
WILLIAMSBURG INVESTMENT TRUST	464,365	For
Cook & Bynum Funds Trust	128,304	For
TRUST FOR PROFESSIONAL MANAGERS	31,579	For
ADVISORS SERIES TRUST	28,900	For
Tidal ETF Trust	15,310	For
Ultimus Managers Trust	11,538	For
FORUM FUNDS	5,660	For
Decatur Capital Management, Inc.	1,977	For
Pacer Funds Trust	828	For
CHECK CAPITAL MANAGEMENT INC/CA	534	For
Boltwood Capital Management	350	For
Series Portfolios Trust	124	For
LEAVELL INVESTMENT MANAGEMENT, INC.	17	For
Echo45 Advisors LLC	0	--

17. Filings: without prejudice to other delegations of powers to the extent applicable, granting powers to Jan Vandermeersch, Global Legal Director Corporate, with power to substitute, to proceed to any filings and publication formalities in relation to the above resolutions.

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 15 asset managers below cast 100% of the shares they voted on this item FOR (9,318,041 for, 0 against).

FOR: 9,318,041 (100.0%)

Largest asset managers voting on “Filings: without prejudice to other delegations of powers to the extent applicable, granting powers to Jan Van” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
John Hancock	3,820,761	For
CITY NATIONAL ROCHDALE FUNDS	3,805,407	For
ALPS Series Trust	592,100	For
WILLIAMSBURG INVESTMENT TRUST	464,365	For
Capco Asset Management, LLC	410,838	For
Cook & Bynum Funds Trust	128,304	For
TRUST FOR PROFESSIONAL MANAGERS	31,579	For
ADVISORS SERIES TRUST	28,900	For
Tidal ETF Trust	15,310	For
Ultimus Managers Trust	11,538	For
FORUM FUNDS	5,660	For
Decatur Capital Management, Inc.	1,977	For
Pacer Funds Trust	828	For
Boltwood Capital Management	350	For
Series Portfolios Trust	124	For

18. Proposed resolution: Approval of the statutory annual accounts: approving the statutory annual accounts relating to the accounting year ended on 31 December 2023 (see reverse side for additional text).

AUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 14 asset managers below cast 100% of the shares they voted on this item FOR (8,907,203 for, 0 against).

FOR: 8,907,203 (100.0%)

Largest asset managers voting on “Proposed resolution: Approval of the statutory annual accounts: approving the statutory annual accounts relati” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
John Hancock	3,820,761	For
CITY NATIONAL ROCHDALE FUNDS	3,805,407	For
ALPS Series Trust	592,100	For
WILLIAMSBURG INVESTMENT TRUST	464,365	For
Cook & Bynum Funds Trust	128,304	For
TRUST FOR PROFESSIONAL MANAGERS	31,579	For
ADVISORS SERIES TRUST	28,900	For
Tidal ETF Trust	15,310	For
Ultimus Managers Trust	11,538	For
FORUM FUNDS	5,660	For
Decatur Capital Management, Inc.	1,977	For
Pacer Funds Trust	828	For
Boltwood Capital Management	350	For
Series Portfolios Trust	124	For

19. Proposed resolution: Discharge to the directors: granting discharge to the directors for the performance of their duties during the accounting year ended on 31 December 2023.

DIRECTOR ELECTIONSAUDIT-RELATED

100% fund support · no official result

FOR 100%

The 14 asset managers below cast 100% of the shares they voted on this item FOR (8,907,203 for, 0 against).

FOR: 8,907,203 (100.0%)

Largest asset managers voting on “Proposed resolution: Discharge to the directors: granting discharge to the directors for the performance of th” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
John Hancock	3,820,761	For
CITY NATIONAL ROCHDALE FUNDS	3,805,407	For
ALPS Series Trust	592,100	For
WILLIAMSBURG INVESTMENT TRUST	464,365	For
Cook & Bynum Funds Trust	128,304	For
TRUST FOR PROFESSIONAL MANAGERS	31,579	For
ADVISORS SERIES TRUST	28,900	For
Tidal ETF Trust	15,310	For
Ultimus Managers Trust	11,538	For
FORUM FUNDS	5,660	For
Decatur Capital Management, Inc.	1,977	For
Pacer Funds Trust	828	For
Boltwood Capital Management	350	For
Series Portfolios Trust	124	For

20. Proposed resolution: Discharge to the statutory auditor: granting discharge to the statutory auditor for the performance of his duties during the accounting year ended on 31 December 2023.

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 14 asset managers below cast 100% of the shares they voted on this item FOR (8,907,203 for, 0 against).

FOR: 8,907,203 (100.0%)

Largest asset managers voting on “Proposed resolution: Discharge to the statutory auditor: granting discharge to the statutory auditor for the p” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
John Hancock	3,820,761	For
CITY NATIONAL ROCHDALE FUNDS	3,805,407	For
ALPS Series Trust	592,100	For
WILLIAMSBURG INVESTMENT TRUST	464,365	For
Cook & Bynum Funds Trust	128,304	For
TRUST FOR PROFESSIONAL MANAGERS	31,579	For
ADVISORS SERIES TRUST	28,900	For
Tidal ETF Trust	15,310	For
Ultimus Managers Trust	11,538	For
FORUM FUNDS	5,660	For
Decatur Capital Management, Inc.	1,977	For
Pacer Funds Trust	828	For
Boltwood Capital Management	350	For
Series Portfolios Trust	124	For

21. Proposed resolution: Resignation and Appointment of directors: upon proposal by the Reference Shareholder, renewing the appointment as director of Mr. Alexandre Van Damme, for a period of four years ending at the end of the shareholders' meeting which will be asked to approve the accounts for the year 2027.

DIRECTOR ELECTIONSAUDIT-RELATEDSHAREHOLDER RIGHTS AND DEFENSES

51.1% fund support · no official result

FOR 51.0%AGAINST 48.8%

The 14 asset managers below cast 51.1% of the shares they voted on this item FOR (4,541,737 for, 4,350,156 against).

FOR: 4,541,737 (51.0%)AGAINST: 4,350,156 (48.8%)ABSTAIN: 15,310 (0.2%)

Largest asset managers voting on “Proposed resolution: Resignation and Appointment of directors: upon proposal by the Reference Shareholder, ren” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
John Hancock	3,820,761	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	3,805,407	0	Against
ALPS Series Trust	575,000	17,100	0	For
WILLIAMSBURG INVESTMENT TRUST	0	464,365	0	Against
Cook & Bynum Funds Trust	128,304	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	0	31,579	0	Against
ADVISORS SERIES TRUST	0	28,900	0	Against
Tidal ETF Trust	0	0	15,310	Abstain
Ultimus Managers Trust	11,538	0	0	For
FORUM FUNDS	5,660	0	0	For
Decatur Capital Management, Inc.	0	1,977	0	Against
Pacer Funds Trust	0	828	0	Against
Boltwood Capital Management	350	0	0	For
Series Portfolios Trust	124	0	0	For

22. Proposed resolution: Resignation and Appointment of directors: upon proposal by the Reference Shareholder, renewing the appointment as director of Mr. Paul Cornet de Ways Ruart, for a period of four years ending at the end of the shareholders' meeting which will be asked to approve the accounts for the year 2027.

DIRECTOR ELECTIONSAUDIT-RELATEDSHAREHOLDER RIGHTS AND DEFENSES

51.1% fund support · no official result

FOR 51.0%AGAINST 48.8%

The 14 asset managers below cast 51.1% of the shares they voted on this item FOR (4,541,737 for, 4,350,156 against).

FOR: 4,541,737 (51.0%)AGAINST: 4,350,156 (48.8%)ABSTAIN: 15,310 (0.2%)

Largest asset managers voting on “Proposed resolution: Resignation and Appointment of directors: upon proposal by the Reference Shareholder, ren” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
John Hancock	3,820,761	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	3,805,407	0	Against
ALPS Series Trust	575,000	17,100	0	For
WILLIAMSBURG INVESTMENT TRUST	0	464,365	0	Against
Cook & Bynum Funds Trust	128,304	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	0	31,579	0	Against
ADVISORS SERIES TRUST	0	28,900	0	Against
Tidal ETF Trust	0	0	15,310	Abstain
Ultimus Managers Trust	11,538	0	0	For
FORUM FUNDS	5,660	0	0	For
Decatur Capital Management, Inc.	0	1,977	0	Against
Pacer Funds Trust	0	828	0	Against
Boltwood Capital Management	350	0	0	For
Series Portfolios Trust	124	0	0	For

23. Proposed resolution: Resignation and Appointment of directors: upon proposal by the Reference Shareholder, renewing the appointment as director of Mr. Paulo Lemann, for a period of four years ending at the end of the shareholders meeting which will be asked to approve the accounts for the year 2027.

DIRECTOR ELECTIONSAUDIT-RELATEDSHAREHOLDER RIGHTS AND DEFENSES

51.1% fund support · no official result

FOR 51.0%AGAINST 48.8%

The 14 asset managers below cast 51.1% of the shares they voted on this item FOR (4,543,714 for, 4,348,179 against).

FOR: 4,543,714 (51.0%)AGAINST: 4,348,179 (48.8%)ABSTAIN: 15,310 (0.2%)

Largest asset managers voting on “Proposed resolution: Resignation and Appointment of directors: upon proposal by the Reference Shareholder, ren” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
John Hancock	3,820,761	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	3,805,407	0	Against
ALPS Series Trust	575,000	17,100	0	For
WILLIAMSBURG INVESTMENT TRUST	0	464,365	0	Against
Cook & Bynum Funds Trust	128,304	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	0	31,579	0	Against
ADVISORS SERIES TRUST	0	28,900	0	Against
Tidal ETF Trust	0	0	15,310	Abstain
Ultimus Managers Trust	11,538	0	0	For
FORUM FUNDS	5,660	0	0	For
Decatur Capital Management, Inc.	1,977	0	0	For
Pacer Funds Trust	0	828	0	Against
Boltwood Capital Management	350	0	0	For
Series Portfolios Trust	124	0	0	For

24. Proposed resolution: Resignation and Appointment of directors: upon proposal by the Restricted Shareholders, renewing the appointment as Restricted Share Director of Mr. Alejandro Santo Domingo, for a period of one year ending at the end of the shareholders' meeting which will be asked to approve the accounts for the year 2024.

DIRECTOR ELECTIONSAUDIT-RELATEDINVESTMENT COMPANY MATTERSSHAREHOLDER RIGHTS AND DEFENSES

51.1% fund support · no official result

FOR 51.0%AGAINST 48.8%

The 14 asset managers below cast 51.1% of the shares they voted on this item FOR (4,543,714 for, 4,348,179 against).

FOR: 4,543,714 (51.0%)AGAINST: 4,348,179 (48.8%)ABSTAIN: 15,310 (0.2%)

Largest asset managers voting on “Proposed resolution: Resignation and Appointment of directors: upon proposal by the Restricted Shareholders, r” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
John Hancock	3,820,761	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	3,805,407	0	Against
ALPS Series Trust	575,000	17,100	0	For
WILLIAMSBURG INVESTMENT TRUST	0	464,365	0	Against
Cook & Bynum Funds Trust	128,304	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	0	31,579	0	Against
ADVISORS SERIES TRUST	0	28,900	0	Against
Tidal ETF Trust	0	0	15,310	Abstain
Ultimus Managers Trust	11,538	0	0	For
FORUM FUNDS	5,660	0	0	For
Decatur Capital Management, Inc.	1,977	0	0	For
Pacer Funds Trust	0	828	0	Against
Boltwood Capital Management	350	0	0	For
Series Portfolios Trust	124	0	0	For

25. Proposed resolution: Resignation and Appointment of directors: upon proposal by the Restricted Shareholders, renewing the appointment as Restricted Share Director of Mr. Salvatore Mancuso for a period of one year ending at the end of the shareholders' meeting which will be asked to approve the accounts for the year 2024.

DIRECTOR ELECTIONSAUDIT-RELATEDINVESTMENT COMPANY MATTERSSHAREHOLDER RIGHTS AND DEFENSES

8% fund support · no official result

8%AGAINST 92%

The 14 asset managers below cast 8% of the shares they voted on this item FOR (722,953 for, 8,168,940 against).

FOR: 722,953 (8.1%)AGAINST: 8,168,940 (91.7%)ABSTAIN: 15,310 (0.2%)

Largest asset managers voting on “Proposed resolution: Resignation and Appointment of directors: upon proposal by the Restricted Shareholders, r” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
John Hancock	0	3,820,761	0	Against
CITY NATIONAL ROCHDALE FUNDS	0	3,805,407	0	Against
ALPS Series Trust	575,000	17,100	0	For
WILLIAMSBURG INVESTMENT TRUST	0	464,365	0	Against
Cook & Bynum Funds Trust	128,304	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	0	31,579	0	Against
ADVISORS SERIES TRUST	0	28,900	0	Against
Tidal ETF Trust	0	0	15,310	Abstain
Ultimus Managers Trust	11,538	0	0	For
FORUM FUNDS	5,660	0	0	For
Decatur Capital Management, Inc.	1,977	0	0	For
Pacer Funds Trust	0	828	0	Against
Boltwood Capital Management	350	0	0	For
Series Portfolios Trust	124	0	0	For

26. Proposed resolution: approving the remuneration report for the financial year 2023. The 2023 annualreport containing the remuneration report is available on the Companys website.

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

59% fund support · no official result

FOR 59%AGAINST 41%

The 14 asset managers below cast 59% of the shares they voted on this item FOR (11,686 for, 8,086 against).

FOR: 11,686 (59.1%)AGAINST: 8,086 (40.9%)

Largest asset managers voting on “Proposed resolution: approving the remuneration report for the financial year 2023. The 2023 annualreport cont” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Glenview Trust Co	11,162	0	For
FINANCIAL COUNSELORS INC	0	2,745	Against
FIRST MERCHANTS CORP	0	2,000	Against
Sanibel Captiva Trust Company, Inc.	0	739	Against
Trust Point Inc.	0	537	Against
Fiera Capital Corp	0	524	Against
First Nebraska Trust Co	524	0	For
FIRST CITIZENS BANK & TRUST CO	0	463	Against
Trust Co of the South	0	294	Against
AMERICAN NATIONAL BANK & TRUST	0	270	Against
PINNACLE FINANCIAL PARTNERS INC	0	244	Against
Bell Bank	0	186	Against
Farmers & Merchants Trust Co of Chambersburg PA	0	62	Against
Somerset Trust Co	0	22	Against

27. Proposed resolution: upon proposal by the Board of Directors, renewing the appointment of Ms. Michele Burns as independent director, for a period of four years ending at the end of the shareholders' meeting which will be asked to approve the accounts for the year 2027. Ms.Burns has explicitly confirmed and the Board of Directors is of the opinion that she complies with the independence criteria pr

DIRECTOR ELECTIONSAUDIT-RELATEDSHAREHOLDER RIGHTS AND DEFENSES

100% fund support · no official result

FOR 99.8%

The 14 asset managers below cast 100% of the shares they voted on this item FOR (8,891,893 for, 0 against).

FOR: 8,891,893 (99.8%)ABSTAIN: 15,310 (0.2%)

Largest asset managers voting on “Proposed resolution: upon proposal by the Board of Directors, renewing the appointment of Ms. Michele Burns as” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Abstain	Vote
John Hancock	3,820,761	0	For
CITY NATIONAL ROCHDALE FUNDS	3,805,407	0	For
ALPS Series Trust	592,100	0	For
WILLIAMSBURG INVESTMENT TRUST	464,365	0	For
Cook & Bynum Funds Trust	128,304	0	For
TRUST FOR PROFESSIONAL MANAGERS	31,579	0	For
ADVISORS SERIES TRUST	28,900	0	For
Tidal ETF Trust	0	15,310	Abstain
Ultimus Managers Trust	11,538	0	For
FORUM FUNDS	5,660	0	For
Decatur Capital Management, Inc.	1,977	0	For
Pacer Funds Trust	828	0	For
Boltwood Capital Management	350	0	For
Series Portfolios Trust	124	0	For

28. Proposed resolution: upon proposal by the Restricted Shareholders, renewing the appointment as Restricted Share Director of Mr. Martin J. Barrington, for a period of one year ending at the end of the shareholders' meeting which will be asked to approve the accounts for the year 2024. The Company's Corporate Governance Charter provides that the term of office of directors ends after the annual shar

DIRECTOR ELECTIONSAUDIT-RELATEDINVESTMENT COMPANY MATTERSSHAREHOLDER RIGHTS AND DEFENSES

51.1% fund support · no official result

FOR 51.0%AGAINST 48.8%

The 14 asset managers below cast 51.1% of the shares they voted on this item FOR (4,543,714 for, 4,348,179 against).

FOR: 4,543,714 (51.0%)AGAINST: 4,348,179 (48.8%)ABSTAIN: 15,310 (0.2%)

Largest asset managers voting on “Proposed resolution: upon proposal by the Restricted Shareholders, renewing the appointment as Restricted Shar” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
John Hancock	3,820,761	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	3,805,407	0	Against
ALPS Series Trust	575,000	17,100	0	For
WILLIAMSBURG INVESTMENT TRUST	0	464,365	0	Against
Cook & Bynum Funds Trust	128,304	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	0	31,579	0	Against
ADVISORS SERIES TRUST	0	28,900	0	Against
Tidal ETF Trust	0	0	15,310	Abstain
Ultimus Managers Trust	11,538	0	0	For
FORUM FUNDS	5,660	0	0	For
Decatur Capital Management, Inc.	1,977	0	0	For
Pacer Funds Trust	0	828	0	Against
Boltwood Capital Management	350	0	0	For
Series Portfolios Trust	124	0	0	For

29. Remuneration Report

COMPENSATION

3% fund support · no official result

AGAINST 97%

The 12 asset managers below cast 3% of the shares they voted on this item FOR (114,429 for, 3,905,781 against).

FOR: 114,429 (2.8%)AGAINST: 3,905,781 (97.2%)

Largest asset managers voting on “Remuneration Report” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	0	2,941,204	Against
SEI	0	663,679	Against
BRANDES INVESTMENT TRUST	0	142,276	Against
Prudential/PGIM	100,572	0	For
VanEck ETF Trust	0	75,161	Against
Russell Investments	0	38,790	Against
Hartford	0	25,723	Against
Coronation Fund Managers Ltd.	13,857	0	For
2023 ETF Series Trust	0	12,095	Against
Brighthouse	0	3,972	Against
Global X	0	1,780	Against
Adviser Managed Trust	0	1,101	Against

30. Proposed resolution: Resignation and Appointment of directors: upon proposal by the Reference Shareholder, renewing the appointment as director of Mr. Grégoire de Spoelberch, for a period of four years ending at the end of the shareholders' meeting which will be asked to approve the accounts for the year 2027.

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

51.2% fund support · no official result

FOR 51.1%AGAINST 48.8%

The 12 asset managers below cast 51.2% of the shares they voted on this item FOR (4,536,077 for, 4,331,079 against).

FOR: 4,536,077 (51.1%)AGAINST: 4,331,079 (48.8%)ABSTAIN: 15,310 (0.2%)

Largest asset managers voting on “Proposed resolution: Resignation and Appointment of directors: upon proposal by the Reference Shareholder, ren” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
John Hancock	3,820,761	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	3,805,407	0	Against
ALPS Series Trust	575,000	0	0	For
WILLIAMSBURG INVESTMENT TRUST	0	464,365	0	Against
Cook & Bynum Funds Trust	128,304	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	0	31,579	0	Against
ADVISORS SERIES TRUST	0	28,900	0	Against
Tidal ETF Trust	0	0	15,310	Abstain
Ultimus Managers Trust	11,538	0	0	For
Pacer Funds Trust	0	828	0	Against
Boltwood Capital Management	350	0	0	For
Series Portfolios Trust	124	0	0	For

31. RATIFY PWC, PERMANENTLY REPRESENTED BY PETER D'HONDT BV AS AUDITORS AND APPROVE AUDITORS' REMUNERATION

OTHER

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (2,891,761 for, 0 against).

FOR: 2,891,761 (100.0%)

Largest asset managers voting on “RATIFY PWC, PERMANENTLY REPRESENTED BY PETER D'HONDT BV AS AUDITORS AND APPROVE AUDITORS' REMUNERATION” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
Bridge Builder Trust	885,501	For
Jackson National	632,086	For
John Hancock	481,986	For
RBC FUNDS TRUST	336,197	For
BAILLIE GIFFORD FUNDS	321,721	For
BUFFALO FUNDS	101,463	For
Natixis	72,300	For
HARBOR FUNDS	45,588	For
Loomis Sayles	11,571	For
GPS Funds I	3,040	For
CITY NATIONAL ROCHDALE FUNDS	200	For
Pacer Funds Trust	108	For

32. Accounts and Reports; Allocation of Dividends

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 11 asset managers below cast 100% of the shares they voted on this item FOR (4,006,353 for, 0 against).

FOR: 4,006,353 (100.0%)

Largest asset managers voting on “Accounts and Reports; Allocation of Dividends” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
Charles Schwab	2,941,204	For
SEI	663,679	For
BRANDES INVESTMENT TRUST	142,276	For
Prudential/PGIM	100,572	For
VanEck ETF Trust	75,161	For
Russell Investments	38,790	For
Hartford	25,723	For
2023 ETF Series Trust	12,095	For
Brighthouse	3,972	For
Global X	1,780	For
Adviser Managed Trust	1,101	For

33. Appointment of Auditor for Sustainability Reporting (FY2024)

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 11 asset managers below cast 100% of the shares they voted on this item FOR (4,006,353 for, 0 against).

FOR: 4,006,353 (100.0%)

Largest asset managers voting on “Appointment of Auditor for Sustainability Reporting (FY2024)” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
Charles Schwab	2,941,204	For
SEI	663,679	For
BRANDES INVESTMENT TRUST	142,276	For
Prudential/PGIM	100,572	For
VanEck ETF Trust	75,161	For
Russell Investments	38,790	For
Hartford	25,723	For
2023 ETF Series Trust	12,095	For
Brighthouse	3,972	For
Global X	1,780	For
Adviser Managed Trust	1,101	For

34. Authorisation of Legal Formalities

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 11 asset managers below cast 100% of the shares they voted on this item FOR (4,006,353 for, 0 against).

FOR: 4,006,353 (100.0%)

Largest asset managers voting on “Authorisation of Legal Formalities” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
Charles Schwab	2,941,204	For
SEI	663,679	For
BRANDES INVESTMENT TRUST	142,276	For
Prudential/PGIM	100,572	For
VanEck ETF Trust	75,161	For
Russell Investments	38,790	For
Hartford	25,723	For
2023 ETF Series Trust	12,095	For
Brighthouse	3,972	For
Global X	1,780	For
Adviser Managed Trust	1,101	For

35. Elect Alejandro Santo Domingo to the Board of Directors

DIRECTOR ELECTIONS

94% fund support · no official result

FOR 94%

The 11 asset managers below cast 94% of the shares they voted on this item FOR (3,746,969 for, 259,384 against).

FOR: 3,746,969 (93.5%)AGAINST: 259,384 (6.5%)

Largest asset managers voting on “Elect Alejandro Santo Domingo to the Board of Directors” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	2,941,204	0	For
SEI	663,679	0	For
BRANDES INVESTMENT TRUST	0	142,276	Against
Prudential/PGIM	0	100,572	Against
VanEck ETF Trust	75,161	0	For
Russell Investments	38,790	0	For
Hartford	25,254	469	For
2023 ETF Series Trust	0	12,095	Against
Brighthouse	0	3,972	Against
Global X	1,780	0	For
Adviser Managed Trust	1,101	0	For

36. Elect Alexandre Van Damme to the Board of Directors

DIRECTOR ELECTIONS

0.7% fund support · no official result

AGAINST 99.3%

The 11 asset managers below cast 0.7% of the shares they voted on this item FOR (25,254 for, 3,981,099 against).

FOR: 25,254 (0.6%)AGAINST: 3,981,099 (99.4%)

Largest asset managers voting on “Elect Alexandre Van Damme to the Board of Directors” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	0	2,941,204	Against
SEI	0	663,679	Against
BRANDES INVESTMENT TRUST	0	142,276	Against
Prudential/PGIM	0	100,572	Against
VanEck ETF Trust	0	75,161	Against
Russell Investments	0	38,790	Against
Hartford	25,254	469	For
2023 ETF Series Trust	0	12,095	Against
Brighthouse	0	3,972	Against
Global X	0	1,780	Against
Adviser Managed Trust	0	1,101	Against

37. Elect Gregoire de Spoelberch to the Board of Directors

DIRECTOR ELECTIONS

2% fund support · no official result

AGAINST 98%

The 11 asset managers below cast 2% of the shares they voted on this item FOR (64,044 for, 3,942,309 against).

FOR: 64,044 (1.6%)AGAINST: 3,942,309 (98.4%)

Largest asset managers voting on “Elect Gregoire de Spoelberch to the Board of Directors” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	0	2,941,204	Against
SEI	0	663,679	Against
BRANDES INVESTMENT TRUST	0	142,276	Against
Prudential/PGIM	0	100,572	Against
VanEck ETF Trust	0	75,161	Against
Russell Investments	38,790	0	For
Hartford	25,254	469	For
2023 ETF Series Trust	0	12,095	Against
Brighthouse	0	3,972	Against
Global X	0	1,780	Against
Adviser Managed Trust	0	1,101	Against

38. Elect M. Michele Burns to the Board of Directors

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 11 asset managers below cast 100% of the shares they voted on this item FOR (4,006,353 for, 0 against).

FOR: 4,006,353 (100.0%)

Largest asset managers voting on “Elect M. Michele Burns to the Board of Directors” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Vote
Charles Schwab	2,941,204	For
SEI	663,679	For
BRANDES INVESTMENT TRUST	142,276	For
Prudential/PGIM	100,572	For
VanEck ETF Trust	75,161	For
Russell Investments	38,790	For
Hartford	25,723	For
2023 ETF Series Trust	12,095	For
Brighthouse	3,972	For
Global X	1,780	For
Adviser Managed Trust	1,101	For

39. Elect Martin J. Barrington to the Board of Directors

DIRECTOR ELECTIONS

94% fund support · no official result

FOR 94%

The 11 asset managers below cast 94% of the shares they voted on this item FOR (3,746,969 for, 259,384 against).

FOR: 3,746,969 (93.5%)AGAINST: 259,384 (6.5%)

Largest asset managers voting on “Elect Martin J. Barrington to the Board of Directors” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	2,941,204	0	For
SEI	663,679	0	For
BRANDES INVESTMENT TRUST	0	142,276	Against
Prudential/PGIM	0	100,572	Against
VanEck ETF Trust	75,161	0	For
Russell Investments	38,790	0	For
Hartford	25,254	469	For
2023 ETF Series Trust	0	12,095	Against
Brighthouse	0	3,972	Against
Global X	1,780	0	For
Adviser Managed Trust	1,101	0	For

40. Elect Paul Cornet de Ways-Ruart to the Board of Directors

DIRECTOR ELECTIONS

2% fund support · no official result

AGAINST 98%

The 11 asset managers below cast 2% of the shares they voted on this item FOR (64,044 for, 3,942,309 against).

FOR: 64,044 (1.6%)AGAINST: 3,942,309 (98.4%)

Largest asset managers voting on “Elect Paul Cornet de Ways-Ruart to the Board of Directors” at ANHEUSER-BUSCH INBEV SA/NV, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	0	2,941,204	Against
SEI	0	663,679	Against
BRANDES INVESTMENT TRUST	0	142,276	Against
Prudential/PGIM	0	100,572	Against
VanEck ETF Trust	0	75,161	Against
Russell Investments	38,790	0	For
Hartford	25,254	469	For
2023 ETF Series Trust	0	12,095	Against
Brighthouse	0	3,972	Against
Global X	0	1,780	Against
Adviser Managed Trust	0	1,101	Against

Showing the 40 reported items with the widest manager coverage, of 51 in total. View every item.

Largest ANHEUSER-BUSCH INBEV SA/NV shareholders voting in 2023-2024

Ranked by the number of ANHEUSER-BUSCH INBEV SA/NV shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 1,737,197,263 shares outstanding at the time of that meeting.

Top ANHEUSER-BUSCH INBEV SA/NV shareholders by shares voted, 2023-2024
#	Asset manager	% of shares outstanding
1	John Hancock	0.22%
2	CITY NATIONAL ROCHDALE FUNDS	0.22%
3	DAVENPORT & Co LLC	0.09%
4	Northern Trust	0.05%
5	ALPS Series Trust	0.03%
6	Clarkston Capital Partners, LLC	0.03%
7	ENVESTNET ASSET MANAGEMENT INC	0.03%
8	RAYMOND JAMES & ASSOCIATES	0.03%
9	FIRST MANHATTAN CO. LLC.	0.03%
10	WILLIAMSBURG INVESTMENT TRUST	0.03%

Reported ANHEUSER-BUSCH INBEV SA/NV ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

ANHEUSER-BUSCH INBEV SA/NV beneficial owners on record for the 2023-2024 proxy season
Holder	% outstanding	Disclosure
Altria Group, Inc.	58.75%	13D

Percentages above are of 1,737,197,263 shares outstanding, as reported by ANHEUSER-BUSCH INBEV SA/NV on its Form 20-F dated 2023-12-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from ANHEUSER-BUSCH INBEV SA/NV’s 20-F dated 2023-12-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At ANHEUSER-BUSCH INBEV SA/NV's shareholder meeting held 2024-04-24, in the 2023-2024 proxy season, 325 asset managers reported how they voted in their SEC Form N-PX filings, covering 4,695 separate fund positions. Their filings are grouped here into 51 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Remuneration report: approving the remuneration report for the financial year 2023. The 2023… — the reporting funds cast 19% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

ANHEUSER-BUSCH INBEV SA/NV proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.