The board of directors (Board) of Budweiser Brewing Company APAC Limited announced that due to change of job assignment: Ms. Chan Wai Ling ("Ms. Chan") has resigned as the joint company secretary of the Company (the "Joint Company Secretary") and ceased to act as (i) an authorized representative of the Company for the purpose of Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (the "Authorized Representative") and (ii) the authorized representative to accept service of process and notices on behalf of the Company in Hong Kong pursuant to Rule 19.05(2) of the Listing Rules and Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Process Agent") with effect from 26 October 2022; and Ms. Ho Wing Tsz Wendy ("Ms. Ho") has been appointed as the Joint Company Secretary, the Authorized Representative and the Process Agent to succeed Ms. Chan with effect from 26 October 2022. Mr. Bryan Warner (Mr. Warner) has been appointed as the Deputy General Counsel of the Company since 2019 and the Joint Company Secretary, the Authorized Representative and the Process Agent since 19 February 2021. He previously held the position of Global Director, Legal Commercial and M&A from 2018 to 2019 at Anheuser-Busch InBev SA/NV in New York.

Prior to that, Mr. Warner was an Associate at Cleary Gottlieb Steen & Hamilton LLP in New York between 2011 and 2017. Mr. Warner graduated with a Bachelor of Arts in Diplomatic History from the University of Pennsylvania and a Juris Doctor from the New York University School of Law. He is admitted to practice law in New York.

Ms. Ho is currently an Executive Director of Corporate Services of Tricor Services Limited, Asia's leading Business Expansion Specialist. Ms. Ho has been providing corporate secretarial and compliance services to Hong Kong listed companies as well as multinational, private and offshore companies. Ms. Ho has over 25 years of experience in the corporate secretarial and compliance service field.

Ms. Ho is currently acting as the company secretary or joint company secretary of a few listed companies on the Stock Exchange. Ms. Ho is a Chartered Secretary, a Chartered Governance Professional and a Fellow of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom. Ms. Ho, the newly appointed Joint Company Secretary, meets the requirements under Rule 3.28 of the Listing Rules.

Ms. Ho, as a Joint Company Secretary, will work closely with, and provide assistance to, Mr. Warner in discharging his duties as a Joint Company Secretary. Although Mr. Warner does not possess the specified qualifications that are usually considered to be acceptable under Rule 3.28 of the Listing Rules, the Company considers that Mr. Warner, by virtue of his professional knowledge and experience in handling its corporate governance matters and with the support to be rendered by Ms. Ho and her working team at Tricor Services Limited, would be capable of discharging his functions as a Joint Company Secretary.