Ambev S A : January- Treasury Form

INDIVIDUAL FORM

Article 11 - CVM Instruction # 358/2002

In January 2021:

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	4	1,058,000		R$ 15.48000	R$ 16,377,840.00
	Bradesco
	in Shares	Maturity
Derivatives	Swap referenced	Banco	Total Return Swap	4	1,058,000		R$ 15.48000	R$ 16,377,840.00
	in Shares	Bradesco	Conclusion
Derivatives	Swap referenced	Banco	Total Return Swap	5	1,281,500		R$ 15.81000	R$ 20,260,515.00
	in Shares	Bradesco	Maturity
Derivatives	Swap referenced	Banco	Total Return Swap	5	1,281,500		R$ 15.81000	R$ 20,260,515.00
	in Shares	Bradesco	Conclusion
Derivatives	Swap referenced	Banco	Total Return Swap	7	2,649,600		R$ 16.05000	R$ 42,526,080.00
	in Shares	Bradesco	Maturity
Derivatives	Swap referenced	Banco	Total Return Swap	7	2,649,600		R$ 16.05000	R$ 42,526,080.00
	in Shares	Bradesco	Conclusion
Derivatives	Swap referenced	Banco	Total Return Swap	26	3,022,600		R$ 15.40000	R$ 46,548,040.00
	in Shares	Bradesco	Maturity
Derivatives	Swap referenced	Banco	Total Return Swap	26	3,022,600		R$ 15.40000	R$ 46,548,040.00
	in Shares	Bradesco	Conclusion
Derivatives	Swap referenced	Banco	Total Return Swap	28	920,000		R$ 15.54000	R$ 14,296,800.00
	in Shares	Bradesco	Maturity
Derivatives	Swap referenced	Banco	Total Return Swap	28	241,300		R$ 15.54000	R$ 3,749,802.00
	in Shares	Bradesco	Maturity
Derivatives	Swap referenced	Banco	Total Return Swap	28	146,900		R$ 15.54000	R$ 2,282,826.00
	in Shares	Bradesco	Maturity
Derivatives	Swap referenced	Banco	Total Return Swap	28	1,308,200		R$ 15.54000	R$ 20,329,428.00
	in Shares	Bradesco	Conclusion
Derivatives	Swap referenced	Banco	Total Return Swap	29	2,814,800		R$ 15.11000	R$ 42,531,628.00
	in Shares	Bradesco	Maturity
Derivatives	Swap referenced	Banco	Total Return Swap	29	2,814,800		R$ 15.11000	R$ 42,531,628.00
	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.

1. Issue/Series, convertibility, simple, term, guaranties, type/class, among others.
2. Quantity multiplied by price.

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

INDIVIDUAL FORM

Article 11 - CVM Instruction # 358/2002

In January 2021:

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					203,185
	ADR		Common					0
			Transactions in the month
Securities /	Securities
Characteristics	Intermediary	Operation	Day	Quantity		Price	Volume (3)
Derivatives
(2)
		Direct with the	Buy - Plan of
Shares	Common	Shares	20	6,981	16.02000	R$ 111,835.62
Company
		Acquisition
			Final Balance
Securities / Derivatives		Securities Characteristics (2)				Quantity
	Shares		Common					210,166
	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.

1. Issue/Series, convertibility, simple, term, guaranties, type/class, among others.
2. Quantity multiplied by price.

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