Asahi Breweries to Invest a Total of 49.1 Billion yen in Tosu Brewery in Japan with Operation Set to Begin in 2026 and Aim to Achieve "Carbon Negative" in 2026

Asahi Group Holdings, Ltd.

(Tokyo, Japan - October 14, 2022) – Asahi Breweries, Ltd., which is responsible for the alcohol beverages business in Japan under Asahi Group Holdings, Ltd., announces plans to relocate its Hakata Brewery, scheduled to cease operations at the end of 2025, to the new Tosu Brewery and begin operations in 2026. An agreement was concluded with Saga Prefecture and Tosu City on October 14. Investments are expected to be approximately 9.1 billion yen for the purchase of land, and in addition, approximately 40 billion yen for construction of the factory building and other expenses.

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