• Ambev approved a new buyback program on October 28, 2026, covering up to 190,000,000 common shares.
• The program runs through April 28, 2028, primarily to cancel repurchased shares.
• Remaining shares may be held in treasury, transferred or delivered under share-based compensation plans.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AmBev SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001292814-26-005037), on October 29, 2026, and is solely responsible for the information contained therein.