| Schedule
of significant fully consolidated companies |
|
|
| Country |
Company name |
Ownership % |
| Argentina |
CERVECERÍA Y MALTERIA QUILMES SAICA Y G |
99.83% |
| MALTERÍA PAMPA S.A. |
100.00% |
| Bolivia |
CERVECERÍA BOLIVIANA NACIONAL S.A. |
85.34% |
| Brazil |
AMBEV S.A. |
Consolidating |
| AROSUCO AROMAS E SUCOS LTDA. |
100.00% |
| CRBS S.A. |
100.00% |
| Canada |
CERBUCO BREWING |
100.00% |
| LABATT BREWING COMPANY LTD. |
100.00% |
| Chile |
CERVECERÍA CHILE S.A. |
100.00% |
| Cuba |
CERVECERIA BUCANERO S.A |
50.00% |
| Spain |
JALUA SPAIN, S.L. |
100.00% |
| Luxembourg |
AMBEV LUXEMBOURG |
100.00% |
| Malta |
ARLC LIMITED |
100.00% |
| Paraguay |
CERVECERÍA PARAGUAYA S.A. |
87.36% |
| Dominican Republic |
CERVECERÍA NACIONAL DOMINICANA, S.A. |
97.11% |
| Uruguay |
LINTHAL S.A. |
100.00% |
| CERVECERÍA Y MALTERIA PAYSANDU S.A. |
100.00% |
| MALTERÍA URUGUAY S.A |
100.00% |
| MONTHIERS S.A. |
% |
| Panama |
CERVECERÍA NACIONAL S. DE R.L. |
100.00% |