Ambev S A : December - Treasury Form

INDIVIDUAL FORM

Article 11 - CVM Instruction # 358/2002

In December 2020:

1. the only transactions with securities and derivatives were those presented below, in compliance with Article 11 - CVM Instruction # 358/2002.(1)
   ( ) no securities and derivatives operations took place, in compliance with Article 11 - CVM Instruction # 358/2002, with my securities and derivatives positions as follows.

Company Name: Ambev S.A.

Name: Ambev Luxembourg S.À.R.L.				CPF/CNPJ:
Qualification: Subsidiary (controlled)
			Initial Balance
Securities / Derivatives		Securities Characteristics (2)				Quantity
Derivatives		Swap referenced in Shares				30,039,800
Derivatives		Swap referenced in ADR				26,974,653
			Transactions in the month
Securities /	Securities	Intermediary	Operation	Day	Quantity		Price	Volume (3)
Derivatives	Characteristics (2)
Derivatives	Swap referenced	Banco	Total Return Swap	3	613,100		R$ 14.70000	R$ 9,012,570.00
	Bradesco
	in Shares	Maturity
Derivatives	Swap referenced	Banco	Total Return Swap	3	613,100		R$ 14.70000	R$ 9,012,570.00
	in Shares	Bradesco	Conclusion
			Final Balance
Securities / Derivatives		Securities Characteristics (2)				Quantity
Derivatives		Swap referenced in Shares				30,039,800
Derivatives		Swap referenced in ADR				26,974,653

1. When filling in the form, delete the lines that do not have any information. If there is no acquisition/change in the position of any person in relation to Article 11 - CVM Instruction # 358/2002, send a statement with that information.
2. Issue/Series, convertibility, simple, term, guaranties, type/class, among others.
3. Quantity multiplied by price.

(*) Each ADR is equivalent to 1 (one) share.

INDIVIDUAL FORM

Article 11 - CVM Instruction # 358/2002

In December 2020:

1. the only transactions with securities and derivatives were those presented below, in compliance with Article 11 - CVM Instruction # 358/2002.(1)
   ( ) no securities and derivatives operations took place, in compliance with Article 11 - CVM Instruction # 358/2002, with my securities and derivatives positions as follows.

Company Name: Ambev S.A.

Name: Ambev S.A.					CPF/CNPJ: 07.526.557/0001-00
Qualification: Outstanding Shares in Treasury
			Initial Balance
Securities / Derivatives		Securities Characteristics (2)				Quantity
	Shares		Common					160,947
	ADR		Common					0
			Transactions in the month
Securities /	Securities
Characteristics	Intermediary	Operation	Day	Quantity		Price	Volume (3)
Derivatives
(2)
Shares	Common	Direct with the	ADRs	22	129,241	R$ 0.00000	R$ 0.0
Company	Conversion
		Direct with the	Buy - Plan of
Shares	Common	Shares	1	128,154	R$ 14.68000	R$ 1,881,300.72
Company
		Acquisition
		Direct with the	Buy - Plan of
Shares	Common	Shares	22	21,662	R$ 15.51000	R$ 335,977.62
Company
		Acquisition
		Direct with the	Buy - Plan of
Shares	Common	Shares	23	21,663	R$ 15.50000	R$ 335,776.50
Company
		Acquisition
ADR	Common	Direct with the	ADRs	22	129,241	R$ 0.00000	R$ 0.0
Company	Conversion
ADR	Common	Direct with the	ADRs Phantom	22	129,241	R$ 15.44000	R$ 1,995,481.04
Company
			Final Balance
Securities / Derivatives		Securities Characteristics (2)				Quantity
	Shares		Common					203,185
	ADR		Common					0

1. When filling in the form, delete the lines that do not have any information. If there is no acquisition/change in the position of any person in relation to Article 11 - CVM Instruction # 358/2002, send a statement with that information.
2. Issue/Series, convertibility, simple, term, guaranties, type/class, among others.
3. Quantity multiplied by price.

(*) Each ADR is equivalent to 1 (one) share.