To our customers,

Our thoughts remain with you and your families during this period of continued uncertainty.

With confirmed national lockdowns across the UK further affecting the ability of the hospitality industry to operate, we are reaching out to you today with some updates and guidance.

Below are a number of updates from Group, which apply to our full portfolio, including Brewery. For any questions specifically on please reach out to your Budweiser Brewing Group contact as you would for our other beer brands.

Updated Terms:

Stock Management

In-Date Sealed Kegs: You may be in the position of having sealed kegs in your cellars, and we’d recommend you do not broach them. The criteria we use to define shelf life of our means that all in-date sealed kegs should be of high-quality and suitable to drink when the lockdown (as currently envisaged) lifts.

Out-of-Date Sealed Kegs at Outlets: You may be in the position of having sealed kegs in your cellars which have gone out of date or will do so before the government’s current lockdown ends on February 21st 2021. In this instance Budweiser Brewing Group will be honoring keg credits currently proposed via the https://www.returnyourbeer.co.uk/ keg disposal website with waterboard authority.

Should the government lockdown be extended, Budweiser Brewing Group intend to accept claims in line with lockdown conditions and timings dictated by government policy.

Proposed Methodology for Keg destruction: • If you have a managed or leased operation please speak to your Budweiser Brewing Group contact to help onboarding to the return your beer website process. • Outlets register individual details on the returnyourbeer.co.uk website and load individual keg details to the website • Budweiser Brewing Group audits the correct information has been uploaded to this stage and grants approval for destruction • Destruction proof is added to the website then the final data is audited by Budweiser Brewing Group and the supplying distributor • Budweiser Brewing Group credits distributor for final approved kegs on a monthly basis • Distributor passes through credits to end customer

Out-of-Date Sealed Kegs at Depot: You may be in the position of having sealed kegs in your depot which have gone out of date or will do so before the government’s current lockdown ends on February 21st 2021. In this instance Budweiser Brewing Group will be honoring keg credits currently proposed via repatriation of kegs.

Should the government lockdown be extended, Budweiser Brewing Group intend to accept claims in line with lockdown conditions and timings dictated by government policy.

Proposed Methodology for Keg Returns: • Budweiser Brewing Group will repatriate kegs from depots it delivers to as a return leg of an inbound delivery • We suggest keg repatriation is done per site on new stock deliveries for re-opening and any catch up is done on a monthly basis • Credits will be provided to customers upon receipt of goods and brewery confirmation of uplift notes • For clarity uplifts need to be pallet wrapped and organized separately to empty keg returns so they can be tracked to brewery and credit correctly raised. • As we appreciate that cash flow is an issue during these times if you provide details of your expected returns we can remove this cost from any due invoices until the uplifts can be confirmed • Camden Town Brewery will follow the same methodology but due to separate Supply Chains, Camden pick-ups will be organised separately

Broached Kegs: we have made the decision to not offer a duty reclaim service for these, due to the more structured government approach to closures allowing open stock to be utilised before hospitality closing dates in many cases, and the ability for takeaway alcohol to be sold being in place up until early January.

Kegs in Scope: BASS DRAUGHT ALE CSK 45,46L CAMDEN INK KEG 30L SPATAN KEG 50L BASS MILD XXXX KEG 50L CAMDEN WIT KEG 30L 4% KEG 50L BASS KEG 50L CAMDEN PALE ALE KEG 30L STELLA ARTOIS CIDRE KEG 30L BASS SMOOTH KEG 50L CAMDEN PALE ALE KEG 50L STELLA ARTOIS KEG 4.8% 100,018L BECKS 4% KEG 50L CAMDEN IPA KEG 30L STELLA ARTOIS KEG 4.6% 100,018L BELLE VUE EXTRA KRIK 20L EXTR KEG 50L STELLA ARTOIS KEG 4.8% 45,46L BIRR BORGO LISA KEG 50L FLOWERS BES BIT 3.3% KEG 45,46L STELLA ARTOIS KEG 4.6% 45,46L BLUE POINT TOASTED LAGER 19,5 FRANZISKANER KEG 50L STELLA ARTOIS KEG 4.8% 50L BODDINGTONS DRAUG KEG 100L GOOSE IPA KEG 30L STELLA ARTOIS KEG 4.6% 50L BODDINGTONS DRAUG KEG 50L GOOSE MIDWAY KEG 30L TROPHY KEG 50L BRAHMA KEG 50L GOOSE SOPHIE 30L WHITBREAD BEST 3,3% KEG 45,46L BUDWEISER W4.5% KEG 50L GOOSE 312 30L BUDWEISER 4.5% KEG 50L CHEP HOEGARDEN WHITE KEG 30L BUD LIGHT 50L BLON KEG 20L CAMDEN HELLS KEG 30L LOWENBRAU ORIG KEG 50L CAMDEN HELLS KEG 50L MICHELOB ULTRA KEG 50L

Please let us know if you have any questions at all. We hope you and your families remain well, and we look forward to speaking with you soon.

Jean-David Thumelaire, On-Trade Sales Director Budweiser Brewing Group UK&I