UNITED BREWERIES LTD.-$

United Breweries Ltd, part of the HEINEKEN Company, has launched Heineken® Silver in Haryana on May 19, 2026. This launch caters to the domestic market and signifies Heineken's expansion in India, addressing the increasing consumer preference for premium mild beers. Heineken® Silver is crafted from barley, hops, and water, offering a crisp and refreshing taste.

United Breweries Ltd has decided to close its Ludhiana brewery unit effective June 30, 2026. The company has entered a long-term capacity lease agreement with a contract brewing unit to secure beer supplies in Punjab and neighboring states, including Delhi. This lease aims to efficiently meet future demand. The closure will not impact the company's business performance in the state, and the company is committed to supporting its employees during the transition.

United Breweries Ltd. (UBL) has received a favorable order from the Hon’ble Maharashtra Sales Tax Tribunal, Mumbai, regarding a tax litigation. The dispute originated from an assessment order under the Central Sales Tax Act for FY 2018-2019, initially raising a demand of ₹275 Crores. The company successfully appealed to the First Appellate Authority, reducing the demand to ₹7 Crores. Subsequently, the Tribunal further reduced the demand to NIL, resulting in a reduction in contingent liability for UBL.

United Breweries Ltd has launched 'Amstel Grande Packaged Drinking Water' in Uttar Pradesh, effective May 07, 2026. The product will be available in 200 ml and 500ml formats and distributed through UBL’s network. This launch expands UBL's packaged drinking water portfolio and targets the domestic market. The company aims to leverage its distribution network to grow the brand.

On May 5, 2026, an employee of United Breweries Ltd inadvertently disclosed unpublished price-sensitive information related to the draft annual financial results to an external individual without proper safeguards. The company disclosed the approved annual financial results to the stock exchanges on the same day, shortly after the inadvertent disclosure. United Breweries considers this notification a matter of good corporate governance and will take necessary actions in accordance with applicable laws.

United Breweries Ltd has re-appointed Messrs. B S R & Co. LLP, Chartered Accountants, as the Statutory Auditors of the company for a term of 5 consecutive years, from the conclusion of the 27th AGM in 2026 until the conclusion of the 32nd AGM in 2031. The re-appointment is subject to the approval of the members of the company at the upcoming 27th AGM. The decision was made by the Board of Directors based on the recommendation of the Audit Committee at its meeting held on May 05, 2026.

United Breweries Ltd. announced the record date as August 07, 2026, for dividend eligibility, subject to member approval at the 27th Annual General Meeting (AGM). The AGM is scheduled for August 12, 2026, at 1.00 p.m. (IST) via video conferencing. The board meeting, which approved these matters, was held on May 05, 2026, commencing at 12.15 p.m. (IST) and concluding at 06.45 p.m. (IST).

United Breweries Ltd. announced the appointment of Ms. Parul Malhotra as Chief Human Resources Officer, designated as Director - People, effective July 01, 2026. The appointment follows the recommendation of the Nomination and Remuneration Committee and was approved by the Board of Directors on May 05, 2026. Ms. Malhotra brings over two decades of HR experience across APAC and Emerging Markets, including 18 years at Adidas in various HR leadership roles.

United Breweries Ltd's board recommended a dividend of ₹10 per equity share for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting. If approved, the dividend will be paid on or before September 10, 2026. The board also approved the audited financial results for FY26.

United Breweries Ltd's board approved the audited financial results for FY 2025-26 and recommended a dividend of ₹10 per equity share. The dividend is subject to shareholder approval at the Annual General Meeting and will be paid on or before September 10, 2026. The Board meeting was held on May 5, 2026, where the financial results and audit report were reviewed and approved. Revenue from operations (gross of excise duty) stood at ₹17,45,621 Lakhs for the year ended March 31, 2026.