About SABMiller

200+
beer brands

Building locally, winning globally, delighting consumers

70,000+
people
02

Building locally, winning globally, delighting consumers

75+
countries

SABMiller subsidiaries

SABMiller joint ventures and associates

03

Our vision

Our mission

To be the most admired company in the global beer industry

To own and nurture local and international brands that are the first choice of the consumer

Our strategic direction

04

Our values

Our people are our enduring advantage

Accountability is clear and personal

We work and win in teams We understand and respect our customers and consumers Our reputation is indivisible

Our strategic direction

05

Creating a balanced and attractive global spread of businesses Developing strong, relevant brand portfolios that win in the local market Constantly raising the profitability of local businesses, sustainably Leveraging our skills and global scale

Our strategic priorities

06

Group revenue1 (US$m)

EBITA2 (US$m)

Lager sales volumes 3 (million hl)

Group revenue includes the attributable share of associates and joint ventures revenue. 2 EBITA is defined as operating profit before exceptional items and amortisation of intangible assets (excluding software) and includes the groups share of associates and joint ventures operating profit, on a similar basis. 3 As defined in the definitions section on page 180 of the Annual Report 2012. Source: SABMiller Annual Report 2012

Another year of strong financial results

Consistently growing revenues, profits and sales volumes

Financial performance

to 31 March 2012

07

Shareholder value

Annualised 5-year total shareholder return (TSR) has been 19% Outperforming the FTSE 100 and our peer group (which achieved 1.9% and 7.5% respectively) over the same period

08

Beer is an inherently local business:

We respect and nurture the history and heritage of local brands, focusing on local businesses with tailored brand portfolios
Premium brands which cross a national border account for 7.5%4 of the worlds beer consumption, 4.8%4 in emerging markets

The most local of the global brewers

4

Source: Canadean

09

Our brewing expertise

At the heart of our business is a passion for producing quality beers
We are also innovators, creating:

affordable brands made from locally-grown ingredients

craft beers for the aficionado

local premium brands for consumers aspiring to affordable luxury

10

Market-leading brands

Winning market by market with strong, relevant brand portfolios tailored to local consumer segments, drinking occasions and levels of disposable income

93% of our lager volume comes from markets in which we have No.1 or No.2 national market share positions:

Snow No.1 beer brand in China. It has grown from a regional brand into the largest brand by volume, not just in China, but in the world
Coors Light With its innovative super cold indicator label, new packaging and advertising, Coors Light has become the No.2 brand in the USA
11

Global Premium

Our four global brands have their own distinct provenance and characteristics comprising:

Local Premium

the Italian style and craftsmanship of Peroni Nastro Azzurro the worlds original pilsener beer, the Czech-brewed Pilsner Urquell the North European, non-conformist, iconic Grolsch the embodiment of American urban cool, Miller Genuine Draft

Mainstream

Affordable/ Economy

Global premium brands

12

Global Premium

Local Premium

Local premium brands are growing strongly and widen the choice for consumers looking for affordable luxury:

Local premium brands

Seasonal derivatives of Cusquea in Peru and Club Colombia in Colombia have underpinned double-digit volume growth Maluti Premium Lager was recently reinvigorated to counter new premium competition in Lesotho and now has a premium market share of over 70%

Mainstream

Castle Lite, the new low calorie option for consumers in South Africa, has experienced very strong growth Kozel 11 has performed strongly in the Czech Republic, particularly in the on-premise channel as a result of outlet expansion
13

Affordable/ Economy

Mainstream brands
Global Premium

Mainstream brands are at the core of our brand portfolios and the main contributors to volume sales:

In 2011 sales volumes by CR Snow in China passed 100 million hectolitres Previously a regional brand, Poker is now a market leader across Colombia and one of the most profitable brands in Bavarias portfolio Castle Lagers sponsorship of South Africas 2010 FIFA World Cup team, and a more recent campaign, It all comes together with a Castle, have driven double-digit growth

Local Premium

Mainstream

Affordable/ Economy

14

Global Premium

Affordable and economy brands cater to the aspirations of our lower income consumers:

Local Premium

Eagle Brewed from barley malt and Uganda's finest home-grown Epuripur sorghum, which is specifically cultivated for Eagle Lager and Eagle Extra Impala The world's first commercial-scale cassava-based beer, brewed using 70% cassava sourced from smallholder farmers in Mozambique In Latin America we introduced guilita and Pilsener in smaller, lower cost 225ml bottles and Poker, guilita and guilita Light in larger 750ml bottles designed for sharing

Mainstream

Affordable/ Economy

Affordable/Economy brands
15

Low/non-alcohol and soft drink portfolios

Although we are first and foremost a beer business, we also brew low and non-alcoholic beers We are also growing opportunities in adjacent nonalcoholic categories such as malt, water and other soft drinks We bottle soft drinks for The Coca-Cola Company in El Salvador, Honduras, and 20 5 of our African markets, and for Pepsico International in Panama

In alliance with Castel in 14 of these markets

16

Expanding from our roots in Africa, weve built leading positions in all regions of the world in both emerging and developed markets
Primary listing on the London Stock Exchange Creation of SABMiller following the purchase of Miller Brewing Company
Pacific Beverages JV with Coca-Cola Amatil formed in Australia Italy South America

Building our global footprint

El Salvador, Honduras, Strategic alliance with Castel Group in Africa India Global growth

Ukraine, Southern Sudan, Acquisition of Royal Grolsch N.V., Creation of MillerCoors JV in USA and Puerto Rico

SABMiller forms strategic alliance with Anadolu Efes

Argentina Acquisition of Fosters Group Australia

Acquisition of remaining shares in Poland

2000 1999

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2012

1895

2011

17

Strongly positioned in the right markets

We operate in both mature and emerging markets, exposing us to a range of profitable and high-growth countries Mature markets: above-average profit pools our focus is on enhancing value and improving margins Emerging markets: above-average growth potential

76% of group EBITA is from developing and emerging economies

Highest beer volume growth is forecast to come from developing and emerging markets, driven by the growth of middle class consumers

18

Sustainable development
Sustainable development is integral to the way we do business

Beer is a local business typically brewed, sold and consumed in the same community Our success is linked to the well-being of the communities in which we operate We work with partners globally and locally to tackle the sustainable development challenges we jointly face

Our framework Ten Priorities. One Future informs how we focus our efforts and prioritise our resources
19

Inclusive growth

We seek to generate inclusive growth by building value chains that drive economic growth and stimulate social development while using scarce natural resources efficiently

In this way, we can generate long-term returns for our business while creating wealth for the communities and protecting the environments within which we operate In 2012 we invested US$4.7 million in programmes to support entrepreneurs around the world, awarding grants to over 100 businesses and providing training to more than 1000 entrepreneurs
20

The water-food-energy nexus

By 2050 demand for resources is set to increase significantly as the global population grows to nine billion and becomes more prosperous

Since 2008, when we set ourselves the stretching targets to become 25% more water-efficient by 2015 and 50% more carbon-efficient by 2020, weve reduced our water consumption by 13% and our carbon emissions by 17%
On its own, resource-efficiency across our own operations is not enough to safeguard the water, crops and energy we need to brew beer. We also work across our supply chains and with the communities in which we operate to explore sustainable solutions that work locally

Water Futures partnership protecting watersheds in eight of our markets

Farming Better Futures optimising land, yields and living standards for 32,500 smallholder farmers across Africa, India and Latin America
Reduce carbon emissions and waste associated with our packaging
21

Combating alcohol abuse

Each day our beers are enjoyed by millions of consumers. There is, however, a small minority of consumers who do not drink responsibly and who pose a risk to themselves, their families and their communities We are committed to marketing responsibly, providing accurate and balanced information, and take action to discourage irresponsible use of alcohol

Retailer training
Respect 21 North America

Incentives to travel home safely

Youth education Poland

Agents encourage friends to register a safe driver

Nominated Driver Scheme Equador

Centres to tackle drunk driving

Alcohol Evidence Centres South Africa

22

SABMiller plc Registered office

SABMiller House Church Street West, Woking, Surrey GU21 6HS United Kingdom T: +44 1483 26 4000

SABMiller plc Head office

One Stanhope Gate London W1K 1AF United Kingdom Media enquiries T: +44 20 7659 0100
media.relations@sabmiller.com

Investor relations T: +44 20 7659 0100

invester.relations@sabmiller.com

Contacts
If you would like any further information about SABMiller, please visit our website at www.sabmiller.com
23

Sustainable development T: +44 1483 26 4134

sustainable.development@sabmiller.com