AMBEV S.A. Board of Directors Meeting Summary

The Board of Directors of AMBEV S.A. convened on March 30, 2026, to discuss and approve several key proposals. The meeting included the allocation of net income for fiscal year 2025, with a net profit of R$ 15,503,399,889.90. A significant portion is allocated to interest on own capital (R$ 10,903,280,319.95) and investments (R$ 6,854,843,618.36). The board also re-ratified the Investment Reserve and Tax Incentive Reserve amounts for fiscal year 2024. Additionally, the proposal for the overall compensation of management and Fiscal Council members for 2026 was approved, with a total estimated compensation of R$ 164,648,045.00. Proposed amendments to the Company's Bylaws regarding capital increases, executive officer framework, and dividend policies were also approved for submission to shareholders. Furthermore, the call notice for the Ordinary and Extraordinary Shareholders’ Meetings on April 30, 2026, was approved. A capital increase resulting from the Stock Option Plan involved the issuance of 2,026,133 new common shares, increasing the capital stock to R$ 58,308,213,544.96.