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data-svelte-h="svelte-h3x10w">British Indian Ocean Territory</option><option value="BN" class="svelte-12dqvty" data-svelte-h="svelte-bk780s">Brunei Darussalam</option><option value="BG" class="svelte-12dqvty" data-svelte-h="svelte-1btk57o">Bulgaria</option><option value="BF" class="svelte-12dqvty" data-svelte-h="svelte-1mawim7">Burkina Faso</option><option value="BI" class="svelte-12dqvty" data-svelte-h="svelte-1bblt46">Burundi</option><option value="KH" class="svelte-12dqvty" data-svelte-h="svelte-1t8sg79">Cambodia</option><option value="CM" class="svelte-12dqvty" data-svelte-h="svelte-1txv0bq">Cameroon</option><option value="CA" class="svelte-12dqvty" data-svelte-h="svelte-tyys68">Canada</option><option value="CV" class="svelte-12dqvty" data-svelte-h="svelte-1xb7yoy">Cape Verde</option><option value="KY" class="svelte-12dqvty" data-svelte-h="svelte-16q4nar">Cayman Islands</option><option value="CF" class="svelte-12dqvty" data-svelte-h="svelte-1718c7s">Central African Republic</option><option value="TD" class="svelte-12dqvty" data-svelte-h="svelte-aaw9n0">Chad</option><option value="CL" class="svelte-12dqvty" data-svelte-h="svelte-ps22t8">Chile</option><option value="CN" class="svelte-12dqvty" data-svelte-h="svelte-9w4m9k">China</option><option value="CX" class="svelte-12dqvty" data-svelte-h="svelte-17alfgk">Christmas Island</option><option value="CC" class="svelte-12dqvty" data-svelte-h="svelte-djxqqz">Cocos (Keeling) Islands</option><option value="CO" class="svelte-12dqvty" data-svelte-h="svelte-1s0mh2q">Colombia</option><option value="KM" class="svelte-12dqvty" data-svelte-h="svelte-94xiay">Comoros</option><option value="CG" class="svelte-12dqvty" data-svelte-h="svelte-rh2lo0">Congo</option><option value="CD" class="svelte-12dqvty" data-svelte-h="svelte-2qin97">Congo, The Democratic Republic Of The</option><option value="CK" class="svelte-12dqvty" data-svelte-h="svelte-1uy7gey">Cook Islands</option><option value="CR" class="svelte-12dqvty" data-svelte-h="svelte-ytjd2m">Costa Rica</option><option value="CI" class="svelte-12dqvty" data-svelte-h="svelte-1amiqoz">C么te D'Ivoire</option><option value="HR" class="svelte-12dqvty" data-svelte-h="svelte-1h1een">Croatia</option><option value="CU" class="svelte-12dqvty" data-svelte-h="svelte-g9z9t1">Cuba</option><option value="CW" class="svelte-12dqvty" data-svelte-h="svelte-qewkzk">Cura莽ao</option><option value="CY" class="svelte-12dqvty" data-svelte-h="svelte-1jm7lpc">Cyprus</option><option value="CZ" class="svelte-12dqvty" data-svelte-h="svelte-7i5q86">Czech Republic</option><option value="DK" class="svelte-12dqvty" data-svelte-h="svelte-illfjh">Denmark</option><option value="DJ" class="svelte-12dqvty" data-svelte-h="svelte-wa4hg6">Djibouti</option><option value="DM" class="svelte-12dqvty" data-svelte-h="svelte-xgdse9">Dominica</option><option value="DO" class="svelte-12dqvty" data-svelte-h="svelte-11rtlkt">Dominican Republic</option><option value="EC" class="svelte-12dqvty" data-svelte-h="svelte-19osnkv">Ecuador</option><option value="EG" class="svelte-12dqvty" data-svelte-h="svelte-1ibxd9r">Egypt</option><option value="SV" class="svelte-12dqvty" data-svelte-h="svelte-f64ica">El Salvador</option><option value="GQ" class="svelte-12dqvty" data-svelte-h="svelte-21k0aa">Equatorial Guinea</option><option value="ER" class="svelte-12dqvty" data-svelte-h="svelte-tnnuvn">Eritrea</option><option value="EE" class="svelte-12dqvty" data-svelte-h="svelte-fmsbyp">Estonia</option><option value="ET" class="svelte-12dqvty" data-svelte-h="svelte-nxzcf0">Ethiopia</option><option value="FK" class="svelte-12dqvty" data-svelte-h="svelte-tj3vdm">Falkland Islands (Malvinas)</option><option value="FO" class="svelte-12dqvty" data-svelte-h="svelte-mzveb6">Faroe Islands</option><option value="FJ" class="svelte-12dqvty" data-svelte-h="svelte-okr1m2">Fiji</option><option value="FI" class="svelte-12dqvty" data-svelte-h="svelte-16sf7ln">Finland</option><option value="FR" class="svelte-12dqvty" data-svelte-h="svelte-y2vlav">France</option><option value="GF" class="svelte-12dqvty" data-svelte-h="svelte-1985ut0">French Guiana</option><option value="PF" class="svelte-12dqvty" data-svelte-h="svelte-1nxzb4a">French Polynesia</option><option value="TF" class="svelte-12dqvty" data-svelte-h="svelte-m6g2d4">French Southern Territories</option><option value="GA" class="svelte-12dqvty" data-svelte-h="svelte-1dyjfv3">Gabon</option><option value="GM" class="svelte-12dqvty" data-svelte-h="svelte-19v4pr9">Gambia</option><option value="GE" class="svelte-12dqvty" data-svelte-h="svelte-165imnc">Georgia</option><option value="DE" class="svelte-12dqvty" data-svelte-h="svelte-7kkhwc">Germany</option><option value="GH" class="svelte-12dqvty" data-svelte-h="svelte-1nqhzdi">Ghana</option><option value="GI" class="svelte-12dqvty" data-svelte-h="svelte-160xydo">Gibraltar</option><option value="GR" class="svelte-12dqvty" data-svelte-h="svelte-eymedo">Greece</option><option value="GL" class="svelte-12dqvty" data-svelte-h="svelte-1vlo493">Greenland</option><option value="GD" class="svelte-12dqvty" data-svelte-h="svelte-ibud0j">Grenada</option><option value="GP" class="svelte-12dqvty" data-svelte-h="svelte-1jt2vf2">Guadeloupe</option><option value="GU" class="svelte-12dqvty" data-svelte-h="svelte-cobvqk">Guam</option><option value="GT" class="svelte-12dqvty" data-svelte-h="svelte-1dhrk1s">Guatemala</option><option value="GG" class="svelte-12dqvty" data-svelte-h="svelte-15la0kq">Guernsey</option><option value="GN" class="svelte-12dqvty" data-svelte-h="svelte-1kvewci">Guinea</option><option value="GW" class="svelte-12dqvty" data-svelte-h="svelte-1ogk5cp">Guinea_Bissau</option><option value="GY" class="svelte-12dqvty" data-svelte-h="svelte-3o889v">Guyana</option><option value="HT" class="svelte-12dqvty" data-svelte-h="svelte-9u02ol">Haiti</option><option value="HM" class="svelte-12dqvty" data-svelte-h="svelte-p64rnf">Heard Island And Mcdonald Islands</option><option value="VA" class="svelte-12dqvty" data-svelte-h="svelte-jjmo35">Holy See (Vatican City State)</option><option value="HN" class="svelte-12dqvty" data-svelte-h="svelte-131re2s">Honduras</option><option value="HK" class="svelte-12dqvty" data-svelte-h="svelte-1fhbhgv">Hong Kong, China</option><option value="HU" class="svelte-12dqvty" data-svelte-h="svelte-fx55xj">Hungary</option><option value="IS" class="svelte-12dqvty" data-svelte-h="svelte-tcpayy">Iceland</option><option value="IN" class="svelte-12dqvty" data-svelte-h="svelte-e6fjjy">India</option><option value="ID" class="svelte-12dqvty" data-svelte-h="svelte-ki3uex">Indonesia</option><option value="IR" class="svelte-12dqvty" data-svelte-h="svelte-9kzt5i">Iran, Islamic Republic Of</option><option value="IQ" class="svelte-12dqvty" data-svelte-h="svelte-mjk4wj">Iraq</option><option value="IE" class="svelte-12dqvty" data-svelte-h="svelte-1fy52al">Ireland</option><option value="IM" class="svelte-12dqvty" data-svelte-h="svelte-1octm3u">Isle Of Man</option><option value="IL" class="svelte-12dqvty" data-svelte-h="svelte-8ckedh">Israel</option><option value="IT" class="svelte-12dqvty" data-svelte-h="svelte-1a1jgk">Italy</option><option value="JM" class="svelte-12dqvty" data-svelte-h="svelte-1j6vujt">Jamaica</option><option value="JP" class="svelte-12dqvty" data-svelte-h="svelte-6do99a">Japan</option><option value="JE" class="svelte-12dqvty" data-svelte-h="svelte-1pi51bt">Jersey</option><option value="JO" class="svelte-12dqvty" data-svelte-h="svelte-932mrh">Jordan</option><option value="KZ" class="svelte-12dqvty" data-svelte-h="svelte-ts1we7">Kazakhstan</option><option value="KE" class="svelte-12dqvty" data-svelte-h="svelte-1avi1g8">Kenya</option><option value="KI" class="svelte-12dqvty" data-svelte-h="svelte-yjo2en">Kiribati</option><option value="KP" class="svelte-12dqvty" data-svelte-h="svelte-hphie2">Korea, Democratic People'S Republic Of</option><option value="KR" class="svelte-12dqvty" data-svelte-h="svelte-vln4mw">Korea, Republic Of</option><option value="KW" class="svelte-12dqvty" data-svelte-h="svelte-1cuocb">Kuwait</option><option value="KG" class="svelte-12dqvty" data-svelte-h="svelte-x1tf7o">Kyrgyzstan</option><option value="LA" class="svelte-12dqvty" data-svelte-h="svelte-1jta6qf">Lao People'S Democratic Republic</option><option value="LV" class="svelte-12dqvty" data-svelte-h="svelte-6rvgbx">Latvia</option><option value="LB" class="svelte-12dqvty" data-svelte-h="svelte-g3uufr">Lebanon</option><option value="LS" class="svelte-12dqvty" data-svelte-h="svelte-1cn9fqt">Lesotho</option><option value="LR" class="svelte-12dqvty" data-svelte-h="svelte-op1mn8">Liberia</option><option value="LY" class="svelte-12dqvty" data-svelte-h="svelte-jtjieg">Libya</option><option value="LI" class="svelte-12dqvty" data-svelte-h="svelte-smyocg">Liechtenstein</option><option value="LT" class="svelte-12dqvty" data-svelte-h="svelte-1gxuqz3">Lithuania</option><option value="LU" class="svelte-12dqvty" data-svelte-h="svelte-1td9i7z">Luxembourg</option><option value="MO" class="svelte-12dqvty" data-svelte-h="svelte-1nh6nrw">Macao, China</option><option value="MK" class="svelte-12dqvty" data-svelte-h="svelte-1a314cd">Macedonia</option><option value="MG" class="svelte-12dqvty" data-svelte-h="svelte-f97k4a">Madagascar</option><option value="MW" class="svelte-12dqvty" data-svelte-h="svelte-pz0hs5">Malawi</option><option value="MY" class="svelte-12dqvty" data-svelte-h="svelte-cscts1">Malaysia</option><option value="MV" class="svelte-12dqvty" data-svelte-h="svelte-12xv6v4">Maldives</option><option value="ML" class="svelte-12dqvty" data-svelte-h="svelte-uyrofe">Mali</option><option value="MT" class="svelte-12dqvty" data-svelte-h="svelte-16dienm">Malta</option><option value="MH" class="svelte-12dqvty" data-svelte-h="svelte-1xodan9">Marshall Islands</option><option value="MQ" class="svelte-12dqvty" data-svelte-h="svelte-3sjslh">Martinique</option><option value="MR" class="svelte-12dqvty" data-svelte-h="svelte-yibpes">Mauritania</option><option value="MU" class="svelte-12dqvty" data-svelte-h="svelte-1eg3mop">Mauritius</option><option value="YT" class="svelte-12dqvty" data-svelte-h="svelte-c661se">Mayotte</option><option value="MX" class="svelte-12dqvty" data-svelte-h="svelte-9si9fs">Mexico</option><option value="FM" class="svelte-12dqvty" data-svelte-h="svelte-r3unkw">Micronesia, Federated States Of</option><option value="MD" class="svelte-12dqvty" data-svelte-h="svelte-1y35gm2">Moldova, Republic Of</option><option value="MC" class="svelte-12dqvty" data-svelte-h="svelte-1w2pltv">Monaco</option><option value="MN" class="svelte-12dqvty" data-svelte-h="svelte-cekc6d">Mongolia</option><option value="ME" class="svelte-12dqvty" data-svelte-h="svelte-1r2ku7i">Montenegro</option><option value="MS" class="svelte-12dqvty" data-svelte-h="svelte-1ost8kj">Montserrat</option><option value="MA" class="svelte-12dqvty" data-svelte-h="svelte-1fbwf94">Morocco</option><option value="MZ" class="svelte-12dqvty" data-svelte-h="svelte-1ovshat">Mozambique</option><option value="MM" class="svelte-12dqvty" data-svelte-h="svelte-rptmip">Myanmar</option><option value="NA" class="svelte-12dqvty" data-svelte-h="svelte-1y7kfbu">Namibia</option><option value="NR" class="svelte-12dqvty" data-svelte-h="svelte-1me2095">Nauru</option><option value="NP" class="svelte-12dqvty" data-svelte-h="svelte-1dz1fw4">Nepal</option><option value="NL" class="svelte-12dqvty" data-svelte-h="svelte-17tqxry">Netherlands</option><option value="NC" class="svelte-12dqvty" data-svelte-h="svelte-owmogx">New Caledonia</option><option value="NZ" class="svelte-12dqvty" data-svelte-h="svelte-dlp1zf">New Zealand</option><option value="NI" class="svelte-12dqvty" data-svelte-h="svelte-snq7w8">Nicaragua</option><option value="NE" class="svelte-12dqvty" data-svelte-h="svelte-256rn2">Niger</option><option value="NG" class="svelte-12dqvty" data-svelte-h="svelte-1bfe0he">Nigeria</option><option value="NU" class="svelte-12dqvty" data-svelte-h="svelte-12qzy4k">Niue</option><option value="NF" class="svelte-12dqvty" data-svelte-h="svelte-j2v1k">Norfolk Island</option><option value="MP" class="svelte-12dqvty" data-svelte-h="svelte-ojhe9g">Northern Mariana Islands</option><option value="NO" class="svelte-12dqvty" data-svelte-h="svelte-17sz1fd">Norway</option><option value="OM" class="svelte-12dqvty" data-svelte-h="svelte-3af4vn">Oman</option><option value="PK" class="svelte-12dqvty" data-svelte-h="svelte-1a328sk">Pakistan</option><option value="PW" class="svelte-12dqvty" data-svelte-h="svelte-eabjfg">Palau</option><option value="PS" class="svelte-12dqvty" data-svelte-h="svelte-kqvm7m">Palestine, State Of</option><option value="PA" class="svelte-12dqvty" data-svelte-h="svelte-zzgi33">Panama</option><option value="PG" class="svelte-12dqvty" data-svelte-h="svelte-17jw9tj">Papua New Guinea</option><option value="PY" class="svelte-12dqvty" data-svelte-h="svelte-ehz61v">Paraguay</option><option value="PE" class="svelte-12dqvty" data-svelte-h="svelte-10nx8zx">Peru</option><option value="PH" class="svelte-12dqvty" data-svelte-h="svelte-whdp03">Philippines</option><option value="PN" class="svelte-12dqvty" data-svelte-h="svelte-ot0fic">Pitcairn</option><option value="PL" class="svelte-12dqvty" data-svelte-h="svelte-9txsz6">Poland</option><option value="PT" class="svelte-12dqvty" data-svelte-h="svelte-1pmbtd0">Portugal</option><option value="PR" class="svelte-12dqvty" data-svelte-h="svelte-yj3xca">Puerto Rico</option><option value="QA" class="svelte-12dqvty" data-svelte-h="svelte-1v1h9sr">Qatar</option><option value="RE" class="svelte-12dqvty" data-svelte-h="svelte-15lpg7f">R茅union</option><option value="RO" class="svelte-12dqvty" data-svelte-h="svelte-mm422u">Romania</option><option value="RU" class="svelte-12dqvty" data-svelte-h="svelte-kq9zqj">Russian Federation</option><option value="RW" class="svelte-12dqvty" data-svelte-h="svelte-fte6ga">Rwanda</option><option value="BL" class="svelte-12dqvty" data-svelte-h="svelte-1x8hdhm">Saint Barth茅lemy</option><option value="SH" class="svelte-12dqvty" data-svelte-h="svelte-cwaz34">Saint Helena, Ascension And Tristan Da Cunha</option><option value="KN" class="svelte-12dqvty" data-svelte-h="svelte-cf7hyj">Saint Kitts And Nevis</option><option value="LC" class="svelte-12dqvty" data-svelte-h="svelte-1ipxrss">Saint Lucia</option><option value="MF" class="svelte-12dqvty" data-svelte-h="svelte-bneu93">Saint Martin (French Part)</option><option value="PM" class="svelte-12dqvty" data-svelte-h="svelte-1jf2xf0">Saint Pierre And Miquelon</option><option value="VC" class="svelte-12dqvty" data-svelte-h="svelte-1wmw3k7">Saint Vincent And The Grenadines</option><option value="WS" class="svelte-12dqvty" data-svelte-h="svelte-bla9md">Samoa</option><option value="SM" class="svelte-12dqvty" data-svelte-h="svelte-1hch21o">San Marino</option><option value="ST" class="svelte-12dqvty" data-svelte-h="svelte-169ltcw">Sao Tome And Principe</option><option value="SA" class="svelte-12dqvty" data-svelte-h="svelte-c9wlt0">Saudi Arabia</option><option value="SN" class="svelte-12dqvty" data-svelte-h="svelte-ztxch8">Senegal</option><option value="RS" class="svelte-12dqvty" data-svelte-h="svelte-1ss845d">Serbia</option><option value="SC" class="svelte-12dqvty" data-svelte-h="svelte-pq4zlp">Seychelles</option><option value="SL" class="svelte-12dqvty" data-svelte-h="svelte-kvjjv2">Sierra Leone</option><option value="SG" class="svelte-12dqvty" data-svelte-h="svelte-18vpltk">Singapore</option><option value="SX" class="svelte-12dqvty" data-svelte-h="svelte-1a4v6g9">Sint Maarten (Dutch Part)</option><option value="SK" class="svelte-12dqvty" data-svelte-h="svelte-uyouzc">Slovakia</option><option value="SI" class="svelte-12dqvty" data-svelte-h="svelte-bjdgg7">Slovenia</option><option value="SB" class="svelte-12dqvty" 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unset; } .builder-text > p:first-of-type, .builder-text > .builder-paragraph:first-of-type { margin: 0; } .builder-text > p, .builder-text > .builder-paragraph { color: inherit; line-height: inherit; letter-spacing: inherit; font-weight: inherit; font-size: inherit; text-align: inherit; font-family: inherit; }</style> <div style="" class="builder-blocks svelte-element svelte-7lxvtt"><style data-id=builderio-block >.builder-4954715c59a742b6ab6cc5690af61bb2 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; } </style> <div builder-id="builder-4954715c59a742b6ab6cc5690af61bb2" style="" class="builder-4954715c59a742b6ab6cc5690af61bb2 builder-block"><div class="maskContainer dark-true svelte-elfm4d"><div class="image svelte-elfm4d"><picture><source type="image/webp" srcset="https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?format=webp&width=100 100w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?format=webp&width=200 200w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?format=webp&width=400 400w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?format=webp&width=800 800w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?format=webp&width=1200 1200w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?format=webp&width=1600 1600w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?format=webp&width=2000 2000w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea"> <img style="object-position:center;object-fit:cover;" loading="lazy" role="presentation" class="builder-image desktop mask disable-curve img svelte-1udbavg" srcset="https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?width=100 100w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?width=200 200w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?width=400 400w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?width=800 800w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?width=1200 1200w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?width=1600 1600w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea?width=2000 2000w, https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F5d94e34f9d7546719959c24669dc23ea"></picture> </div> <div class="text svelte-elfm4d"> <h1 class="svelte-elfm4d">ADR Program <strong>for US Investors</strong></h1> </div> </div> </div><style data-id=builderio-block >.builder-f2f9288adb984e2d9703a0164d418151 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; margin-top: 20px; width: 90%; max-width: 1200px; margin-left: auto; margin-right: auto; padding-left: 0px; padding-right: 0px; margin-bottom: 20px; } @media (max-width: 640px) { .builder-f2f9288adb984e2d9703a0164d418151 { padding-left: 0px; padding-right: 0px; width: 80%; } } </style> <div builder-id="builder-f2f9288adb984e2d9703a0164d418151" style="" class="builder-f2f9288adb984e2d9703a0164d418151 builder-block"> <style data-id=builderio-block >.builder-575f9af2164c4f589c78fda20228c91b { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; margin-top: 20px; } </style> <div builder-id="builder-575f9af2164c4f589c78fda20228c91b" style="" class="builder-575f9af2164c4f589c78fda20228c91b builder-block"> <style data-id=builderio-block >.builder-4ce72e12164a4cb8a154325bb37aeb61 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; height: 12px; width: 85px; background-color: rgba(229, 182, 17, 1); } </style> <div builder-id="builder-4ce72e12164a4cb8a154325bb37aeb61" style="" class="builder-4ce72e12164a4cb8a154325bb37aeb61 builder-block"> </div><style data-id=builderio-block >.builder-6075f02d79ef455a9988169d5599b5c8 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; margin-top: 20px; line-height: 41px; height: auto; font-size: 38px; font-family: "Avantt-Regular", sans-serif; font-weight: 600; } @media (max-width: 640px) { .builder-6075f02d79ef455a9988169d5599b5c8 { font-size: 24px; line-height: normal; } } </style> <div builder-id="builder-6075f02d79ef455a9988169d5599b5c8" style="" class="builder-6075f02d79ef455a9988169d5599b5c8 builder-block"><div style="outline:none;" class="builder-text"><p><strong>Anheuser-Busch</strong> <strong>InBev ADR Details</strong></p></div> </div></div><style data-id=builderio-block >.builder-61ed1d3b98d44223a08e2c12f5d22136 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; margin-top: 20px; line-height: normal; height: auto; font-size: 20px; margin-bottom: 20px; } @media (max-width: 640px) { .builder-61ed1d3b98d44223a08e2c12f5d22136 { font-size: 16px; line-height: normal; } } </style> <div builder-id="builder-61ed1d3b98d44223a08e2c12f5d22136" style="" class="builder-61ed1d3b98d44223a08e2c12f5d22136 builder-block"><div style="outline:none;" class="builder-text"><ul> <li>Ticker: BUD</li> <li>Exchange: New York Stock Exchange</li> <li>Ratio: 1 ADR = 1 Ordinary share</li> <li>CUSIP: 03524A108</li> <li>Country: Belgium</li> <li>Industry: Consumer Products</li> </ul> </div> </div><style data-id=builderio-block >.builder-fab3d4a1742f4cc6b44b7e2259cfded7 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; } </style> <div builder-id="builder-fab3d4a1742f4cc6b44b7e2259cfded7" style="" class="builder-fab3d4a1742f4cc6b44b7e2259cfded7 builder-block"> <style data-id=builderio-block >.builder-7b34a78421294d6fab97a22664c1a3c1 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; height: 12px; width: 85px; background-color: rgba(229, 182, 17, 1); } </style> <div builder-id="builder-7b34a78421294d6fab97a22664c1a3c1" style="" class="builder-7b34a78421294d6fab97a22664c1a3c1 builder-block"> </div><style data-id=builderio-block >.builder-975ac543b011468283ad58999a72529d { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; margin-top: 20px; line-height: 41px; height: auto; font-size: 38px; font-family: "Avantt-Regular", sans-serif; } @media (max-width: 640px) { .builder-975ac543b011468283ad58999a72529d { font-size: 24px; } } </style> <div builder-id="builder-975ac543b011468283ad58999a72529d" style="" class="builder-975ac543b011468283ad58999a72529d builder-block"><div style="outline:none;" class="builder-text"><p>Trading in <strong>ADRs</strong></p></div> </div></div><style data-id=builderio-block >.builder-cad1a93d42d24ecaae0a75e87b03bd96 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; margin-top: 20px; line-height: normal; height: auto; font-size: 20px; margin-bottom: 20px; } @media (max-width: 640px) { .builder-cad1a93d42d24ecaae0a75e87b03bd96 { font-size: 16px; margin-bottom: 0px; } } </style> <div builder-id="builder-cad1a93d42d24ecaae0a75e87b03bd96" style="" class="builder-cad1a93d42d24ecaae0a75e87b03bd96 builder-block"><div style="outline:none;" class="builder-text"><p> Anheuser-Busch InBev ADRs are traded on the New York Stock Exchange. You can purchase or sell Anheuser-Busch InBev ADRs through your broker. </p> </div> </div><style data-id=builderio-block >.builder-4c88a1ee4a9b4ae78029f723d0175cb0 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; } </style> <div builder-id="builder-4c88a1ee4a9b4ae78029f723d0175cb0" style="" class="builder-4c88a1ee4a9b4ae78029f723d0175cb0 builder-block"> <style data-id=builderio-block >.builder-3020b52c51b5450c8c0b8cf7b8a95b34 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; height: 12px; width: 85px; background-color: rgba(229, 182, 17, 1); } @media (max-width: 640px) { .builder-3020b52c51b5450c8c0b8cf7b8a95b34 { margin-top: 20px; } } </style> <div builder-id="builder-3020b52c51b5450c8c0b8cf7b8a95b34" style="" class="builder-3020b52c51b5450c8c0b8cf7b8a95b34 builder-block"> </div><style data-id=builderio-block >.builder-c617f2547bc8416fbc348f67b40c0eaa { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; margin-top: 20px; line-height: 41px; height: auto; font-size: 38px; font-family: "Avantt-Regular", sans-serif; } @media (max-width: 640px) { .builder-c617f2547bc8416fbc348f67b40c0eaa { font-size: 24px; } } </style> <div builder-id="builder-c617f2547bc8416fbc348f67b40c0eaa" style="" class="builder-c617f2547bc8416fbc348f67b40c0eaa builder-block"><div style="outline:none;" class="builder-text"><p><strong>Dividends</strong></p></div> </div><style data-id=builderio-block >.builder-f0b574a8efd54825a594e787866dc608 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; margin-top: 20px; line-height: normal; height: auto; font-size: 20px; margin-bottom: 20px; } @media (max-width: 640px) { .builder-f0b574a8efd54825a594e787866dc608 { font-size: 16px; margin-bottom: 0px; } } </style> <div builder-id="builder-f0b574a8efd54825a594e787866dc608" style="" class="builder-f0b574a8efd54825a594e787866dc608 builder-block"><div style="outline:none;" class="builder-text"><p>Exchange-rate fluctuations will affect the U.S. dollar amounts received by holders of ADRs since dividends are declared in euros.</p></div> </div><style data-id=builderio-block >.builder-0c365a22269842ba98b7ebf5a7fe6d3c { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; } </style> <div builder-id="builder-0c365a22269842ba98b7ebf5a7fe6d3c" style="" class="builder-0c365a22269842ba98b7ebf5a7fe6d3c builder-block"> <style data-id=builderio-block >.builder-d28e7015f73b4042b00f5328c9e31280 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; height: 12px; width: 85px; background-color: rgba(229, 182, 17, 1); } @media (max-width: 640px) { .builder-d28e7015f73b4042b00f5328c9e31280 { margin-top: 20px; } } </style> <div builder-id="builder-d28e7015f73b4042b00f5328c9e31280" style="" class="builder-d28e7015f73b4042b00f5328c9e31280 builder-block"> </div><style data-id=builderio-block >.builder-35c97737601d4c419c838d2ec8f397a9 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; margin-top: 20px; line-height: 41px; height: auto; font-size: 38px; font-family: "Avantt-Regular", sans-serif; } @media (max-width: 640px) { .builder-35c97737601d4c419c838d2ec8f397a9 { font-size: 24px; } } </style> <div builder-id="builder-35c97737601d4c419c838d2ec8f397a9" style="" class="builder-35c97737601d4c419c838d2ec8f397a9 builder-block"><div style="outline:none;" class="builder-text"><p><strong>Taxation</strong></p></div> </div></div></div><style data-id=builderio-block >.builder-a2a89b5110d04e9ebf8c90bb04991f23 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; margin-top: 20px; line-height: normal; height: auto; font-size: 20px; margin-bottom: 20px; } @media (max-width: 640px) { .builder-a2a89b5110d04e9ebf8c90bb04991f23 { font-size: 16px; margin-bottom: 0px; } } </style> <div builder-id="builder-a2a89b5110d04e9ebf8c90bb04991f23" style="" class="builder-a2a89b5110d04e9ebf8c90bb04991f23 builder-block"><div style="outline:none;" class="builder-text"><p>Any cash dividends paid to ADR holders on behalf of Anheuser-Busch InBev will be paid in U.S. dollars and are generally taxable, just like dividends on U.S. shares. Further, cash dividends paid by Anheuser-Busch InBev are subject to 30% withholding tax under Belgian law as of January 1, 2017. </p><p>Under the income tax conventions between the United States & Belgium and Canada & Belgium, United States and Canadian residents are eligible for reduced Belgian withholding tax (for most people, at a rate of 15% rather than the standard 30%).</p><p>ADR holders eligible for the refund must be residents of the United States or Canada in accordance with the aforementioned Convention. Contact your broker or tax advisor for more information and any applicable U.S. tax forms.</p><p>For more information regarding Belgian tax withholding and the tax reclamation process, please contact The Bank of New York Mellon / GlobeTax at 1-800-915-3536 and/or your tax advisor.</p></div> </div><style data-id=builderio-block >.builder-6b174d9c97e24f58b3e90a61268b3112 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; } </style> <div builder-id="builder-6b174d9c97e24f58b3e90a61268b3112" style="" class="builder-6b174d9c97e24f58b3e90a61268b3112 builder-block"> <style data-id=builderio-block >.builder-9a16b8bf83354230bade92ee1c1602f4 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; height: 12px; width: 85px; background-color: rgba(229, 182, 17, 1); } @media (max-width: 640px) { .builder-9a16b8bf83354230bade92ee1c1602f4 { margin-top: 20px; } } </style> <div builder-id="builder-9a16b8bf83354230bade92ee1c1602f4" style="" class="builder-9a16b8bf83354230bade92ee1c1602f4 builder-block"> </div><style data-id=builderio-block >.builder-40ecf6ff048a4f90864af02ac5892a08 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; margin-top: 20px; line-height: 41px; height: auto; font-size: 38px; font-family: "Avantt-Regular", sans-serif; } @media (max-width: 640px) { .builder-40ecf6ff048a4f90864af02ac5892a08 { font-size: 24px; line-height: normal; } } </style> <div builder-id="builder-40ecf6ff048a4f90864af02ac5892a08" style="" class="builder-40ecf6ff048a4f90864af02ac5892a08 builder-block"><div style="outline:none;" class="builder-text"><p><strong>Bank of New York Mellon Shareholder Services</strong></p></div> </div></div><style data-id=builderio-block >.builder-e3937be4cdaf494a8a12eccfdbefaba6 { display: flex; flex-direction: column; position: relative; flex-shrink: 0; box-sizing: border-box; margin-top: 20px; line-height: normal; height: auto; font-size: 20px; } @media (max-width: 640px) { .builder-e3937be4cdaf494a8a12eccfdbefaba6 { font-size: 16px; line-height: normal; } } </style> <div builder-id="builder-e3937be4cdaf494a8a12eccfdbefaba6" style="" class="builder-e3937be4cdaf494a8a12eccfdbefaba6 builder-block"><div style="outline:none;" class="builder-text"><p><strong>Bank of New York Mellon </strong></p><p>Shareholder Services Anheuser-Busch InBev Dedicated</p><p>Toll Free: 866-222-8360</p><p><a href="www.mybnymdr.com" rel="noopener noreferrer">www.mybnymdr.com</a></p><p><a href="mailto:shrrelations@cpushareownerservices.com" rel="noopener noreferrer"><strong>shrrelations@cpushareownerservices.com</strong></a></p></div> </div></div><style data-id=builderio-block >.builder-pixel-fobrzccl5j { height: 0; width: 0; display: inline-block; opacity: 0; overflow: hidden; pointer-events: none; } </style> <img src="https://cdn.builder.io/api/v1/pixel?apiKey=2e5c7fb020194c1a8ee80f743d0b923e" 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You can\n purchase or sell Anheuser-Busch InBev ADRs through your broker.\n\u003C/p>\n"}},responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box",marginTop:"20px",lineHeight:"normal",height:"auto",fontSize:"20px",marginBottom:"20px"},small:{fontSize:"16px",marginBottom:"0px"}}},{"@type":"@builder.io/sdk:Element","@version":2,layerName:"Title",id:"builder-4c88a1ee4a9b4ae78029f723d0175cb0",meta:{previousId:"builder-fab3d4a1742f4cc6b44b7e2259cfded7"},children:[{"@type":"@builder.io/sdk:Element","@version":2,layerName:"Color Line",id:"builder-3020b52c51b5450c8c0b8cf7b8a95b34",meta:{previousId:"builder-7b34a78421294d6fab97a22664c1a3c1"},responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box",height:"12px",width:"85px",backgroundColor:"rgba(229, 182, 17, 1)"},small:{marginTop:"20px"}}},{"@type":"@builder.io/sdk:Element","@version":2,id:"builder-c617f2547bc8416fbc348f67b40c0eaa",meta:{previousId:"builder-975ac543b011468283ad58999a72529d"},component:{name:"Text",options:{text:"\u003Cp>\u003Cstrong>Dividends\u003C/strong>\u003C/p>"}},responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box",marginTop:"20px",lineHeight:"41px",height:"auto",fontSize:"38px",fontFamily:"\"Avantt-Regular\", sans-serif"},small:{fontSize:"24px"}}},{"@type":"@builder.io/sdk:Element","@version":2,id:"builder-f0b574a8efd54825a594e787866dc608",meta:{previousId:"builder-cad1a93d42d24ecaae0a75e87b03bd96"},component:{name:"Text",options:{text:"\u003Cp>Exchange-rate fluctuations will affect the U.S. dollar amounts received by holders of ADRs since dividends are declared in euros.\u003C/p>"}},responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box",marginTop:"20px",lineHeight:"normal",height:"auto",fontSize:"20px",marginBottom:"20px"},small:{fontSize:"16px",marginBottom:"0px"}}},{"@type":"@builder.io/sdk:Element","@version":2,layerName:"Title",id:"builder-0c365a22269842ba98b7ebf5a7fe6d3c",meta:{previousId:"builder-4c88a1ee4a9b4ae78029f723d0175cb0"},children:[{"@type":"@builder.io/sdk:Element","@version":2,layerName:"Color Line",id:"builder-d28e7015f73b4042b00f5328c9e31280",meta:{previousId:"builder-3020b52c51b5450c8c0b8cf7b8a95b34"},responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box",height:"12px",width:"85px",backgroundColor:"rgba(229, 182, 17, 1)"},small:{marginTop:"20px"}}},{"@type":"@builder.io/sdk:Element","@version":2,id:"builder-35c97737601d4c419c838d2ec8f397a9",meta:{previousId:"builder-c617f2547bc8416fbc348f67b40c0eaa"},component:{name:"Text",options:{text:"\u003Cp>\u003Cstrong>Taxation\u003C/strong>\u003C/p>"}},responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box",marginTop:"20px",lineHeight:"41px",height:"auto",fontSize:"38px",fontFamily:"\"Avantt-Regular\", sans-serif"},small:{fontSize:"24px"}}}],responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box"}}}],responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box"}}},{"@type":"@builder.io/sdk:Element","@version":2,id:"builder-a2a89b5110d04e9ebf8c90bb04991f23",meta:{previousId:"builder-e3937be4cdaf494a8a12eccfdbefaba6"},component:{name:"Text",options:{text:"\u003Cp>Any cash dividends paid to ADR holders on behalf of Anheuser-Busch InBev will be paid in U.S. dollars and are generally taxable, just like dividends on U.S. shares. Further, cash dividends paid by Anheuser-Busch InBev are subject to 30% withholding tax under Belgian law as of January 1, 2017. \u003C/p>\u003Cp>Under the income tax conventions between the United States & Belgium and Canada & Belgium, United States and Canadian residents are eligible for reduced Belgian withholding tax (for most people, at a rate of 15% rather than the standard 30%).\u003C/p>\u003Cp>ADR holders eligible for the refund must be residents of the United States or Canada in accordance with the aforementioned Convention. Contact your broker or tax advisor for more information and any applicable U.S. tax forms.\u003C/p>\u003Cp>For more information regarding Belgian tax withholding and the tax reclamation process, please contact The Bank of New York Mellon / GlobeTax at 1-800-915-3536 and/or your tax advisor.\u003C/p>"}},responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box",marginTop:"20px",lineHeight:"normal",height:"auto",fontSize:"20px",marginBottom:"20px"},small:{fontSize:"16px",marginBottom:"0px"}}},{"@type":"@builder.io/sdk:Element","@version":2,layerName:"Title",id:"builder-6b174d9c97e24f58b3e90a61268b3112",meta:{previousId:"builder-0c365a22269842ba98b7ebf5a7fe6d3c"},children:[{"@type":"@builder.io/sdk:Element","@version":2,layerName:"Color Line",id:"builder-9a16b8bf83354230bade92ee1c1602f4",meta:{previousId:"builder-d28e7015f73b4042b00f5328c9e31280"},responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box",height:"12px",width:"85px",backgroundColor:"rgba(229, 182, 17, 1)"},small:{marginTop:"20px"}}},{"@type":"@builder.io/sdk:Element","@version":2,id:"builder-40ecf6ff048a4f90864af02ac5892a08",meta:{previousId:"builder-35c97737601d4c419c838d2ec8f397a9"},component:{name:"Text",options:{text:"\u003Cp>\u003Cstrong>Bank of New York Mellon Shareholder Services\u003C/strong>\u003C/p>"}},responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box",marginTop:"20px",lineHeight:"41px",height:"auto",fontSize:"38px",fontFamily:"\"Avantt-Regular\", sans-serif"},small:{fontSize:"24px",lineHeight:"normal"}}}],responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box"}}},{"@type":"@builder.io/sdk:Element","@version":2,id:"builder-e3937be4cdaf494a8a12eccfdbefaba6",meta:{previousId:"builder-cad1a93d42d24ecaae0a75e87b03bd96"},component:{name:"Text",options:{text:"\u003Cp>\u003Cstrong>Bank of New York Mellon \u003C/strong>\u003C/p>\u003Cp>Shareholder Services Anheuser-Busch InBev Dedicated\u003C/p>\u003Cp>Toll Free: 866-222-8360\u003C/p>\u003Cp>\u003Ca href=\"www.mybnymdr.com\" rel=\"noopener noreferrer\">www.mybnymdr.com\u003C/a>\u003C/p>\u003Cp>\u003Ca href=\"mailto:shrrelations@cpushareownerservices.com\" rel=\"noopener noreferrer\">\u003Cstrong>shrrelations@cpushareownerservices.com\u003C/strong>\u003C/a>\u003C/p>"}},responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box",marginTop:"20px",lineHeight:"normal",height:"auto",fontSize:"20px"},small:{fontSize:"16px",lineHeight:"normal"}}}],responsiveStyles:{large:{display:"flex",flexDirection:"column",position:"relative",flexShrink:"0",boxSizing:"border-box",marginTop:"20px",width:"90%",maxWidth:"1200px",marginLeft:"auto",marginRight:"auto",paddingLeft:"0px",paddingRight:"0px",marginBottom:"20px"},small:{paddingLeft:"0px",paddingRight:"0px",width:"80%"}}},{id:"builder-pixel-fobrzccl5j","@type":"@builder.io/sdk:Element",tagName:"img",properties:{src:"https://cdn.builder.io/api/v1/pixel?apiKey=2e5c7fb020194c1a8ee80f743d0b923e","aria-hidden":"true",alt:"",role:"presentation",width:"0",height:"0"},responsiveStyles:{large:{height:"0",width:"0",display:"inline-block",opacity:"0",overflow:"hidden",pointerEvents:"none"}}}],url:"/investors/share-information/adr-program-for-us-investors",state:{deviceSize:"large",location:{pathname:"/investors/share-information/adr-program-for-us-investors",path:["investors","share-information","adr-program-for-us-investors"],query:{}}}},modelId:"ff82d322befd4b04b37315c04d79aa75",query:[{"@type":"@builder.io/core:Query",property:"urlPath",value:"/investors/share-information/adr-program-for-us-investors",operator:"is"}],published:"published",screenshot:"https://cdn.builder.io/api/v1/image/assets%2F2e5c7fb020194c1a8ee80f743d0b923e%2F20571e983ced4ab7b1cc96ce63d258e2",firstPublished:1675454887314,testRatio:1,lastUpdated:1711645130750,createdDate:1675455214803,createdBy:"U4yarB2rfCS8iR3oRh4kWV6QJ743",meta:{kind:"page",lastPreviewUrl:"https://ab-inbev-corp-qa.azurewebsites.net/investors/share-information/adr-program-for-us-investors?builder.space=2e5c7fb020194c1a8ee80f743d0b923e&builder.cachebust=true&builder.preview=page&builder.noCache=true&builder.allowTextEdit=true&__builder_editing__=true&builder.overrides.page=0f153db214cf400b90356a69aef0f909&builder.overrides.0f153db214cf400b90356a69aef0f909=0f153db214cf400b90356a69aef0f909&builder.overrides.page:/investors/share-information/adr-program-for-us-investors=0f153db214cf400b90356a69aef0f909&builder.options.locale=Default",originalContentId:"295b2ff66238405fb7583242e4150be4",hasLinks:false,winningTest:null},variations:{},name:"ADR Program for US Investors",id:"0f153db214cf400b90356a69aef0f909",rev:"bgyrspcqbne"},"uses":{"url":1}}]; 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