1. ABI/SABMiller antitrustitalia
December 2016

2. Privileged & Confidential
Agenda
Overview
Strategy
Organization
My takeaways
Privileged & Confidential

4. Privileged & Confidential
1. Overview
Date
Event
13 Oct 2015
ABI/SABM agree pricing at £44/share
11 Nov 2015
ABI/SABM agree terms
9 Feb 2016
All filings made, except EU, China
31 Mar 2016
EU filing
24 May 2016
EU clearance
23 Jun 2016
Brexit vote
27 July 2016
Convergence planning suspended
29 July 2016
Clearance in South Africa, EU, US, China
30 July 2016
SABM accept £45/share
10 Oct 2016
Transaction closes
Privileged & Confidential

5. Privileged & Confidential

6. 2. Strategy - Proactivity
Privileged & Confidential

7. Privileged & Confidential
2. Strategy - Creativity
Privileged & Confidential

8. Privileged & Confidential
3. Organization
Privileged & Confidential

9. Privileged & Confidential
4. My Takeaways
Get organized
Prepare for surprises
Be proactive & creative
Privileged & Confidential

10. Thank you antitrustitalia!
December 2016