

| AMBEV SA COM | 28/04/2017 AGM | |
|---|---|---|
| 1 | Approve Financial Statements | For |
| 2 | Approve the Dividend | For |
| 3 | Set the Number of Board Directors | For |
| 4 | Elect Directors Proposed by the Controlling Shareholders | Oppose |
| 5 | Elect Director Proposed by Minority Shareholders | Abstain |
| 6 | Elect the Members of the Fiscal Council Proposed by the Controlling Shareholders | For |
| 7 | Elect the Members of the Fiscal Council Proposed by Caixa de Previdência dos Funcionários do Banco do Brasil - PREVI | Oppose |
| 8 | Approve Remuneration of Management | Oppose |