<SEC-DOCUMENT>0001292814-17-001114.txt : 20170501
<SEC-HEADER>0001292814-17-001114.hdr.sgml : 20170501
<ACCEPTANCE-DATETIME>20170428184933
ACCESSION NUMBER:		0001292814-17-001114
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20170630
FILED AS OF DATE:		20170501
DATE AS OF CHANGE:		20170428

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMBEV S.A.
		CENTRAL INDEX KEY:			0001565025
		STANDARD INDUSTRIAL CLASSIFICATION:	BEVERAGES [2080]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36165
		FILM NUMBER:		17797919

	BUSINESS ADDRESS:	
		STREET 1:		RUA DR. RENATO PAES DE BARROS, 1017
		STREET 2:		3 ANDAR PARTE
		CITY:			SAO PAULO
		STATE:			D5
		ZIP:			04530-000
		BUSINESS PHONE:		55(11)2122-1414

	MAIL ADDRESS:	
		STREET 1:		RUA DR. RENATO PAES DE BARROS, 1017
		STREET 2:		3 ANDAR PARTE
		CITY:			SAO PAULO
		STATE:			D5
		ZIP:			04530-000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	InBev Corporate Holdings Inc.
		DATE OF NAME CHANGE:	20121219
</SEC-HEADER>
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<TYPE>6-K
<SEQUENCE>1
<FILENAME>ambevsa20170428_6k.htm
<DESCRIPTION>FORM 6-K
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<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=5 face="Times New Roman"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Washington, D.C. 20549 </B></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=5 face="Times New Roman"><B>FORM 6-K</B></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman">Report of Foreign Private Issuer<BR>Pursuant to Rule 13a-16 or 15d-16 of the</FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman">Securities Exchange Act of 1934</FONT></DIV>

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<DIV><FONT color=#000000 size=3 face="Times New Roman"><B>For the month of April, 2017 </B></FONT></DIV>

<P align=justify></P><FONT color=#000000 size=3 face="Times New Roman"><B>Commission File Number 1565025</B></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=5 face="Times New Roman"><B>AMBEV S.A. </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Exact name of registrant as specified in its charter) </FONT></DIV>

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<DIV align=center><FONT color=#000000 size=5 face="Times New Roman"><B>AMBEV S.A. </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Translation of Registrant's name into English)</FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Rua Dr. Renato Paes de Barros, 1017 - 3rd Floor <BR>04530-000 S&#227;o Paulo, SP<BR>Federative Republic of Brazil </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Address of principal executive office)</FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

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<P><FONT color=#000000 size=3 face="Times New Roman">Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.&nbsp; </FONT></P>

<P><FONT size=3 face="Times New Roman, Times, Serif"><BR>Form 20-F ___X___ Form 40-F _______</FONT> </P>

<P align=left>&nbsp;<FONT size=3 face="Times New Roman, Times, Serif">Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. </FONT>&nbsp;</P><FONT size=3 face="Times New Roman, Times, Serif">Yes _______ No ___X____</FONT>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt" align=center><B><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman">AMBEV S.A.</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">CNPJ/MF [National Register of Legal Entities] No. 07.526.557/0001-00</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">NIRE [Corporate Registration Identification Number] 35.300.368.941</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">A Publicly-Held Company</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt; FONT-WEIGHT: normal" color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt; FONT-WEIGHT: normal" color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt" align=left><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=windowtext face="Times New Roman">Minutes of the Annual and Extraordinary General Shareholders&#8217; Meetings of Ambev S.A. (&#8220;Company&#8221;), held on April 28, 2017, prepared in summary form:</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.25in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">1.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Date, Time and Venue:</FONT></U></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"> On April 28, 2017, at 2:00 p.m., at the Company&#8217;s headquarters located in the City of S&#227;o Paulo, State of S&#227;o Paulo, at Rua Dr. Renato Paes de Barros, 1017, 4<SUP>th</SUP> floor, Itaim Bibi.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.25in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">2.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Convening Notice</FONT></U></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">: The convening notice was published in </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(i)</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"> the Official Gazette of the State of S&#227;o Paulo, on March 29, 2017, March 30, 2017 and March 31, 2017, on pages 63, 50 and 68, respectively; and </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(ii)</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"> the newspaper &#8220;Valor Econ&#244;mico&#8221; on March 29, 2017, March 30, 2017 and March 31, 2017, on pages A7, C13 and A13, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.25in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">3.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Attendance</FONT></U></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">: Shareholders representing 88.67% of the voting capital of the Company, as evidenced by the bulletin for distance vote presented to the Company and the signatures in the &#8220;Shareholders&#8217; Attendance Book&#8221;. The meetings were also attended by the Co-Chairman of the Board of Directors of the Company, Mr. Victorio Carlos De Marchi, the representative of Deloitte Touche Tohmatsu Auditores Independentes, the independent auditors of the Company and its subsidiaries, Messers. Alexandre Cassini Decourt and Fernando Stolf, the representatives of APSIS Consultoria e Avalia&#231;&#245;es Ltda., Mr. Giancarlo Naldi Falkenstein, and the members of the Fiscal Council, Messers. James Terence Coulter Wright, Jos&#233; Ronaldo Vilela Rezende e Ary Waddington, as provided by law. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.25in"><B><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman">4.</FONT></B><B><FONT lang=PT-BR style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Presiding Board</FONT></U></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">: Chairman: Mr. Victorio Carlos De Marchi. </FONT><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman">Secretary: Mr. Paulo Cezar Arag&#227;o.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt"><B><FONT lang=PT-BR style="FONT-SIZE: 12pt; TEXT-DECORATION: none" face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.25in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">5.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Resolutions</FONT></U></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">: After the reading of the consolidated voting map contemplating the votes presented through bulletins for distance vote &#8211; which have been made available for Shareholdes&#8217; consultation in accordance with </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">Brazilian Securities Commission (&#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">CVM</FONT></U><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">&#8221;)</FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"> Ruling No. 481/09 &#8211; being waived and having those legally prevented from voting abstained, the following resolutions were taken:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">5.1.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">By unanimous vote, to authorize the preparation of the Minutes of these Annual and Extraordinary General Meetings in summary form, as well as their publication with omission of the signatures of the attending shareholders, pursuant to article 130 of Law No. 6.404/76. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 11.889.749.932 votes for, 0 votes against and 0 abstentions.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">5.2.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp; </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">At the Annual General Meeting:</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(i)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Following examination and discussion, the shareholders approved by majority vote, the annual report and the management&#8217;s accounts, as well as the financial statements for the fiscal year ended December 31, 2016, together with the opinions of the Fiscal Council and the independent auditors report, all of which were published in full and within the statutory deadline, in the Official Gazette of the State of S&#227;o Paulo and in the newspaper &#8220;Valor Econ&#244;mico&#8221;, on March 2, 2017 on pages 6 to 18 (</FONT><I><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Caderno Empresarial 2</FONT></I><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">) and B11 to B26, respectively.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 13,491,149,576 votes for, 141,227,703 votes against and 292,827,208 abstentions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(ii)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">The shareholders approved by majority vote </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">the allocation of the net income relating to the fiscal year ended December 31, 2016 as set forth in the Management Proposal</FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">. &nbsp;Consequently, it was ratified, as stated in the Company&#8217;s financial statements approved herein and in the Management Proposal, the allocation of the total amount of (a) R$&nbsp;1,718,570,693.08 to the Investment Reserves; and (b) R$&nbsp;1,819,525,274.62 to the Tax Incentives Reserves, whereas (b.1) R$&nbsp;1,783,411,560.88 for State ICMS tax incentives received by some units of the Company, (b.2) R$ 34,530,997.62 for fiscal incentive of the State of Sergipe, as per Law No. 5,382/04, and (b.3) R$&nbsp;1,582,716.12 refer to Corporate Income Tax reinvestment incentive granted by SUDENE, as per article 19 of Law 8,167/91.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">It was further ratified the </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">anticipated distribution paid to the Company&#8217;s shareholders, in the form of dividends and interest on shareholders&#8217; net equity, </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">to be deduced from the profit of the fiscal year of 2016, in the total amount </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">of </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">R$&nbsp;9,106,001,028.01, </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">as approved by the Board of Directors as follows</FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">: (a) R$&nbsp;2,040,800,421.53 at the meeting held on June 24, 2016, at R$ 0.13 per share, as dividends; (b) R$&nbsp;2,511,950,431.36 at the meeting held on October 19, 2016, at R$ 0.16 per share, as dividends; (c) R$&nbsp;3,454,172,970.16 at the meeting held on December 1<SUP>st</SUP>, 2016, at R$ 0.22 per share, as </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">interest on shareholders&#8217;net equity</FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, resulting in a net distribution of R$&nbsp;0.187 per share; and (d) R$&nbsp;1,099,077,204.96 at the meeting held on December 22, 2016, at R$&nbsp;0.07 per share, as dividends.&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">Pursuant to article 193, paragraph 1, of Law No.&nbsp;6,404/76, the Company shall not set up a legal reserve for the current fiscal year because the balance of said reserve plus the sum of the capital reserves mentioned in article 182, paragraph 1, of Law No. 6,404/76 are greater than 30% of the Company&#8217;s capital stock</FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 13,773,595,899 votes for, 148,703,529 votes against and 2,905,059 abstentions.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(iii)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">The shareholders approved by majority vote </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">that the Board of Directors be composed of eleven (11) sitting members and two (2) alternates, all of them for a term of office to expire at the Annual Shareholders&#8217; Meeting to be held in 2020, in accordance with the Management Proposal.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 13,454,302,573 votes for, 154,156,565 votes against and 316,745,349 abstentions.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(iv)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">The shareholders approved by majority vote, </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">for a term of office to expire at the Annual Shareholders&#8217; Meeting to be held in 2020, in accordance with the Management Proposal (the &#8220;Management Slate&#8221;):</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.5in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(I)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Victorio Carlos De Marchi</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, married, lawyer, bearer of Identity Card RG No. 2.702.087 SSP/SP, enrolled with the CPF/MF under No. 008.600.938-1, with offices in the City of S&#227;o Paulo, State of S&#227;o Paulo, at Rua Dr. Renato Paes de Barros, 1017, 4<SUP>th</SUP> floor, Itaim Bibi, to take office as a sitting member of the Board of Directors;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.5in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(II)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Carlos Alves de Brito</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, married, engineer, bearer of Identity Card RG No. 03.574.624-7 IFP/RJ, enrolled with the CPF/MF under No. 595.438.507-63, with offices at Brouwerijplein 1, 3000 Leuven, Belgium, to take office as a sitting member of the Board of Directors;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.5in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(III)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Marcel Herrmann Telles</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, married, economist, bearer of Identity Card RG No. 02.347.932-2 IFP/RJ, enrolled with the CPF/MF under No. 235.839.087-91, with offices at Redingstrasse 4, 4<SUP>th</SUP> floor, CH-9000, St. Gallen, Switzerland, to take office as a sitting member of the Board of Directors;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.5in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(IV)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Jos&#233; Heitor Attilio Gracioso</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, married, lawyer, bearer of Identity Card RG No. 2.833.137 SSP/SP, enrolled with the CPF/MF under No. 006.716.908-25, with offices in the City of S&#227;o Paulo, State of S&#227;o Paulo, at Av. Brigadeiro Faria Lima, 3900, 11<SUP>th</SUP> floor, Itaim Bibi, to take office as a sitting member of the Board of Directors</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.5in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(V)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Vicente Falconi Campos</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, married, engineer, bearer of Identity Card RG No. M-1.176.273 SSP/MG, enrolled with the CPF/MF under No. 000.232.216-15, with offices in the City of Nova Lima, State of Minas Gerais, at Rua Senador Milton Campos, 35, 7<SUP>th</SUP> floor, to take office as a sitting member of the Board of Directors;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.5in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(VI)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Luis Felipe Pedreira Dutra Leite</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, married, economist, bearer of Identity Card RG No. 06522715-9 IFP/RJ, enrolled with </FONT>

<FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the CPF/MF under No. 824.236.447-87, with offices at Brouwerijplein 1, 3000 Leuven, Belgium, to take office as a sitting member of the Board of Directors;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.5in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(VII)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Roberto Moses Thompson Motta</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, married, engineer, bearer of Identity Card RG No. 03.861.461-6 IFP/RJ, enrolled with the CPF/MF under No. 706.988.307-25, with offices at 600, Third Avenue, 37<SUP>th</SUP> floor, New York, USA, to take office as a sitting member of the Board of Directors;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.5in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(VIII)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">&#193;lvaro Ant&#244;nio Cardoso de Souza</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Portuguese citizen, married, economist, bearer of Identity Card for Foreigners (RNE) No. W 401.505-E, enrolled with the CPF/MF under No. 249.630.118-91, resident and domiciled in the City of S&#227;o Paulo, State of S&#227;o Paulo, at Avenida Presidente Juscelino Kubitscheck, 1726, 7<SUP>th</SUP> floor, suite 71, Itaim Bibi, to take office as a sitting member of the Board of Directors; </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.5in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(IX)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the election of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Cec&#237;lia Sicupira</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, separated, business manager, bearer of the Identity Card RG No. 34.095.839-X SSP/SP, enrolled with the CPF/MF under No. 055.532.167-37, with offices in the City of S&#227;o Paulo, State of S&#227;o Paulo, at Rua Dr. Renato Paes de Barros, 1017, 15<SUP>th</SUP> floor, Itaim Bibi, to take office as a sitting member of the Board of Directors;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.5in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(X)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Antonio Carlos Augusto Ribeiro Bonchristiano</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, married, holder of a bachelor&#8217;s degree in political science, philosophy and economy, bearer of Identity Card RG No. 13.076.140-0 SSP/SP, enrolled with the CPF/MF under No. 086.323.078-43, with offices in the City of S&#227;o Paulo, State of S&#227;o Paulo, at Av. Brigadeiro Faria Lima, 3900, 7<SUP>th</SUP> floor, Itaim Bibi, to take office as a sitting member of the Board of Directors; </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.5in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(XI)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Marcos de Barros Lisboa</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, divorced, economist, bearer of Identity Card RG No. 006.653.074-2 IFP/RJ, enrolled with the CPF/MF under No. 806.030.257-49, with offices in the City of S&#227;o Paulo, State of S&#227;o Paulo, at Rua Quat&#225;, 300, Vila Ol&#237;mpia, to take office as a sitting member of the Board of Directors; </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.5in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(XII)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Jo&#227;o Maur&#237;cio Giffoni de Castro Neves</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, engineer, married, bearer of Identity Card RG No. 07.071.326-81 IFP/RJ, enrolled with the CPF/MF under No. 918.361.077-49, with business address at Brouwerijplein 1, 3000 Leuven, Belgium, to take office as an alternate member of the Board of Directors; and </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.5in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(XIII)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the election of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Nelson Jos&#233; Jamel</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, engineer, married, bearer of Identity Card RG No. 37.990.760-4 SSP/SP, enrolled with the CPF/MF under </FONT>

<FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">No. 025.217.577-80, with business address at Brouwerijplein 1, 3000 Leuven, Belgium, to take office as an alternate member of the Board of Directors.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 12,161,546,160 votes for, 242,601,233 votes against and 1,521,057,094 abstentions.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">The elected members of the Board of Directors shall take office upon execution of the respective terms of investiture, along with the clearance statement required by law.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 120%"><FONT style="LINE-HEIGHT: 120%"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">The shareholder Gaspart Participa&#231;&#245;es S.A., holder of 1,000 shares, indicated Mr. Alo&#237;sio Macario Ferreira de Souza for the election provided for in article 141, paragraph 4, I, of Law No. 6,404/76, and the members of the Presiding Board clarified that the quorum required for the election of such candidate was not verified.</FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(v)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">The shareholders approved by majority vote, </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">for a term of office to expire at the Annual Shareholders&#8217; Meeting to be held in 2018, in accordance with the Management Proposal (the &#8220;Management Slate&#8221;):</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56.7pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(I)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">James Terence Coulter Wright</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, separated, civil engineer, bearer of Identity Card RG No. 4.967.106-6 SSP/SP, enrolled with the CPF/MF under No. 872.316.898-68, with offices in the City of S&#227;o Paulo, State of S&#227;o Paulo, at Av. Prof. Luciano Gualberto, 908, sala G-112, Cidade Universit&#225;ria, to take office as a sitting member of the Fiscal Council of the Company;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56.7pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(II)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Jos&#233; Ronaldo Vilela Rezende</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, married, accountant, bearer of Identity Card RG No. M-2.399.128 SSP/MG, enrolled with the CPF/MF under No. 501.889.846-15, resident and domiciled in the City of S&#227;o Paulo, State of S&#227;o Paulo, at Rua Bar&#227;o de Capanema, n&#176; 433, 4th floor, Jardins, to take office as a sitting member of the Fiscal Council of the Company;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56.7pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(III)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Emanuel Sotelino Schifferle</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, married, engineer, bearer of Identity Card RG No. 01.433.665-5 IFP/RJ, enrolled with the CPF/MF under No. 009.251.367-00, resident and domiciled in the City of Rio de Janeiro, State of Rio de Janeiro, at Av. Henrique Dodsworth, 13/502, to take office as an alternate member of the Fiscal Council of the Company; and </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56.7pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(IV)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Ary Waddington</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, married, economist, bearer of Identity Card RG No. 01.139.7777-5 IFP/RJ, enrolled with the CPF/MF under No. 004.469.397-49, resident and domiciled in the City of Arma&#231;&#227;o dos B&#250;zios, State of Rio de Janeiro, at Rua E.9, Condom&#237;nio do Atl&#226;ntico - Praia da Ferradura, to take office as an alternate member of the Fiscal Council of the Company.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 11,876,050,088 votes for, 202,668,512 votes against and 1,479,046,865 abstentions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 21.25pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.15pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(vi)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">By separate vote of minority shareholders, it was approved, </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">for a term of office to expire at the Annual Shareholders&#8217; Meeting to be held in 2018,</FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"> as indicated by the shareholder </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">Caixa de Previd&#234;ncia dos Funcion&#225;rios do Banco do Brasil - PREVI, </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">pursuant to article 161, paragraph 4, item &#8220;a&#8221;, of Law No. 6,404/76, as mentioned in the Management Proposal:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56.7pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(I)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Paulo Assun&#231;&#227;o de Souza</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, single, bank employee and economist, bearer of Identity Card RG No. 029.822.611-11- DETRAN/RJ, enrolled with the CPF/MF under No. 588.584.748-72, resident and domiciled in the City of Rio de Janeiro, State of Rio de Janeiro, at Av. Praia de Botafogo, 501, 4th floor, Botafogo, to take office as a sitting member of the Company's Fiscal Council; and</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56.7pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(II)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">the reelection of </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Vinicius Balbino Bouhid</FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, Brazilian citizen, single, bank employee and economist, bearer of Identity Card RG No. 029.562.824 - DETRAN/RJ, enrolled with the CPF/MF under No. 667.460.867/04, resident and domiciled in the City of Rio de Janeiro, State of Rio de Janeiro, at Av. Afonso Arinos Melo Franco 285, apt. 206, Barra da Tijuca, to take office as an alternate member of the Company's Fiscal Council </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">associated</FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"> with the sitting member mentioned in item (I) above.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 1,540,490,846 votes for, 49,981,261 votes against and 117,748,847 abstentions in connection with the reelection of the abovementioned sitting member, and 1,540,490,846 votes for, 49,981,261 votes against and 117,748,847 abstentions in connection with the reelection of the abovementioned alternante member.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">The elected members of the Fiscal Council appointed in items (v) and (vi) above shall take office upon execution of the respective terms of investiture, along with the clearance statement required by law.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(vii)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">The majority of the shareholders approved, with respect to the global compensation of the Company&#8217;s Board of Directors and Board of Officers for the fiscal year of 2017, the limit of R$&nbsp;85,811,468.77, which includes (a) the expenses related to recognition of fair value of the stock options which the Company is intending to grant in the current fiscal year; and (b) the expenses related to recognition of fair value of the stock based compensation which the Company is intending to grant during the current fiscal year.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 13,418,164,133 votes for, 463,235,024 votes against and 43,805,330 abstentions.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(viii)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Further, it was decided, by majority vote, the amount of the global compensation of the Company&#8217;s Fiscal Council members for the fiscal year of 2017 in the amount of up to R$&nbsp;R$&nbsp;1,990,165.00, with the compensation of the alternates being in an amount equal to half of the amount received by the sitting members, subject to the limits provided by law.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 12,992,071,387 votes for, 221,835,066 votes against and 711,298,034 abstentions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in" align=left><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">5.3.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">At the Extraordinary General Meeting:</FONT></B></P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt" align=left><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="VERTICAL-ALIGN: baseline; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(i)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">By majority, to approve, </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#222222 face="Times New Roman">after examination and discussion</FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">, the Protocol and Justification of the Merger of Cachoeiras de Macacu Bebidas Ltda.</FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"> </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">into Ambev S.A., executed on March 28, 2017 by and among the Company, as the sole quotaholder of Cachoeiras de Macacu Bebidas Ltda. (CNPJ/MF n&#186;&nbsp;24.627.201/0001-81) (&#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Cachoeiras de Macacu</FONT></U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">&#8221;), and the managers of the Company, providing for the general bases of the merger of Cachoeiras de Macacu by the Company (&#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Merger</FONT></U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">&#8221; and (&#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Protocol and Justification</FONT></U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">&#8221;, respectively).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 13,922,531,003 votes for, 346,952 votes against and 2,326,532 abstentions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="VERTICAL-ALIGN: baseline; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(ii)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman"> </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">To confirm, by majority of votes, the retention of Apsis Consultoria e Avalia&#231;&#245;es Ltda. (CNPJ/MF No. 27.281.922/0001-70) (the &#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Specialized Firm</FONT></U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">&#8221;) to prepare a valuation report of Cachoeira de Macacu&#8217;s net equity, </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#222222 face="Times New Roman">based on its</FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"> book value, for purposes of section 227 and pursuant to section 8 of Brazilian Law No. 6,404/76 (the &#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Valuation Report</FONT></U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">&#8221;).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 13,922,781,125 votes for, 101,341 votes against and 2,322,021 abstentions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="VERTICAL-ALIGN: baseline; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(iii)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#222222 face="Times New Roman">To approve, </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">by majority of votes, </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#222222 face="Times New Roman">after examination and discussion, the </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Valuation Report, registering that the Specialized Firm&#8217;s attending representative was available to provide all clarifications required in connection with the Valuation Report.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 13,921,236,476 votes for, 1,572,150 votes against and 2,395,861 abstentions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="VERTICAL-ALIGN: baseline; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(iv)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">To approve, by majority, the Merger, pursuant to the Protocol and Justification.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 13,922,333,731 votes for, 482,149 votes against and 2,388,607 abstentions.</FONT></P>

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<P style="VERTICAL-ALIGN: baseline; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(v)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">To note that:</FONT></P>

<P style="VERTICAL-ALIGN: baseline; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56.7pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(I)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Merger shall not result in an increase or reduction in the net worth or capital stock of the Company, to the extent that the net worth of Cachoeiras de Macacu is already fully reflected on the net worth of the Company, as a result of (a) application of the equity method; and, considering that the book value of Cachoeiras de Macacu&#8217;s new worth is negative, (ii) of the existence of provision in Company&#8217;s balance sheet in an amount equivalent to the book value of Cachoeiras de Macacu&#8217;s net worth.&nbsp; For that purpose, there shall be no dilution of the current shareholders of the Company and, therefore, the obligations set forth in Chapter III of CVM Instruction No. 565/15 shall not apply.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56.7pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56.7pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(II)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">With the termination of Cachoeiras de Macacu, that will result from the Merger, its quotas will be extinguished, pursuant to article 226, paragraph 1, of Law No.&nbsp;6,404/76, with no issuance of Company&#8217;s shares in consideration for quotaholder rights in Cachoeiras de Macacu. In view of these facts, it was clarified that </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">exchange ratios or withdrawal rights are inapplicable.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56.7pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(III)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">In view of the characteristics of the Merger &#8211; </FONT><I><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">i.e.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 12pt" color=black face="Times New Roman">, the non-existence of minority quotaholder and, therefore, of a replacement relationship or of any changes to the Company&#8217;s net equity &#8211;, the Company has consulted CVM, requesting the waiver to comply with the preparation of the net equity valuation report required under article 264 of Law No. 6,404/76. CVM has granted the requested waiver, and such conclusion was confirmed by the shareholders.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56.7pt; LINE-HEIGHT: 15pt; TEXT-INDENT: -35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(IV)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">The Company&#8217;s Fiscal Council issued, on March 28, 2017, an opinion favorable to the Merger approved herein.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="VERTICAL-ALIGN: baseline; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt; TEXT-INDENT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(vi)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">By majority, to authorize the Company&#8217;s Board of Officers to perform all acts necessary for the consummation of the Merger, including the termination of all registrations of Cachoeiras de Macacu with the competent federal, state and municipal bodies, safekeeping the accounting books of Cachoeiras de Macacu for the duration of the applicable legal term.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Were registered 13,921,854,273 votes for, 256,071 votes against and 3,094,143 abstentions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt; LINE-HEIGHT: 15pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; LINE-HEIGHT: 15pt; TEXT-INDENT: -0.25in"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">6.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><U><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Approval and Closure</FONT></U></B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">: With no further matters on the agenda, these present Minutes were drawn up, and after being read and approved, were signed by the members of the Presiding Board and shareholders representing the majority that the resolutions taken in these Meetings require.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22.5pt; LINE-HEIGHT: 120%; TEXT-INDENT: -1.2pt"><FONT style="LINE-HEIGHT: 120%"><B><U><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman">Signatures:</FONT></U></B></FONT><FONT style="LINE-HEIGHT: 120%"><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman"> Victorio Carlos De Marchi, </FONT><I><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman">Chairman</FONT></I><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman">; Paulo Cezar Arag&#227;o, </FONT><I><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman">Secretary</FONT></I><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman">. </FONT><U><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman">Shareholders</FONT></U><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman">:</FONT><B><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman"> </FONT></B><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman">INTERBREW INTERNATIONAL B.V. (by Fernando de Andrade </FONT></FONT>


<FONT style="LINE-HEIGHT: 120%"><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman">Mota); AMBREW S.&#224; r.l. (by Fernando de Andrade Mota); FUNDA&#199;&#195;O ANTONIO E HELENA ZERRENNER INSTITUI&#199;&#195;O NACIONAL DE BENEFIC&#202;NCIA (by Eduardo Spinussi); Victorio Carlos De Marchi; DM PARTICIPACOES E INVESTIMENTOS LTDA. </FONT></FONT><FONT style="LINE-HEIGHT: 120%"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">(by Victorio Carlos De Marchi); Jos&#233; Heitor Att&#237;lio Gracioso; Ary Waddington; CAIXA DE PREVID&#202;NCIA DOS FUNCION&#193;RIOS DO BANCO DO BRASIL &#8211; PREVI (by Cl&#225;udia Pessoa Lorenzoni); THE BANK OF NEW YORK MELLON &#8211; ADR DEPARTMENT (by Jos&#233; Donizetti de Oliveira); BRADESCO FIA INDICE QUALIDADE e BRADESCO FUNDO DE INVEST EM ACOES CONSUMO (by Jussara Aparecida Rabelo); BB ACOES 22 FI, BB CAP ACOES FUNDO DE INVESTIMENTO, BB CAP IBOVESPA INDEXADO FIA, BB ECO GOLD FUNDO DE INVESTIMENTO EM ACOES, BB ETF S P DIVIDENDOS BRASIL FUNDO DE INDICE, BB PREVIDENCIA ACOES FI, BB TERRA DO SOL FUNDO DE INVESTIMENTO MM, BB TOP ACOES DIVIDENDOS ATIVO FI, BB TOP ACOES DIVIDENDOS FIA, BB TOP ACOES EXPORTACAO FIA, BB TOP ACOES IBOVESPA ATIVO FI, BB TOP ACOES IBOVESPA INDEXADO FI, BB TOP ACOES IBRX INDEXADO FI, BB TOP ACOES SETORIAL CONSUMO FI, BB TOP MULTI INST LP FI MULTIMERCADO, BRASILPREV TOP A FUNDO DE INV DE ACOES, BRASILPREV TOP ACOES DIVIDENDOS FUNDO DE INVESTIMENTO (by Sidney Augusto Piovezani); F LAEISZ e F. LAEISZ TROSTBTRUCKE 120457 HAMBURGO (by Christian Bruno Schues), Christian Bruno Schues, BLUE CAPITAL FUNDO DE INVESTIMENTO DE ACOES, CLARI FUNDO DE INVESTIMENTO EM ACOES e COX MASTER FUNDO DE INVESTIMENTO DE ACOES (representados por Guilherme Marconi Ayres Pereira); ABERDEEN BRASIL EQUITY FIA, ARISAIG LATIN AMERICA CONSUMER FUND LLC, BUREAU OF LABOR FUNDS - LABOR INSURANCE FUND, BUREAU OF LABOR FUNDS - LABOR PENSION FUND, CAPITAL INTERNATIONAL FUND, COLUMBIA GLOBAL DIVIDENDO OPPORTUNITY FUND, EMERGENCE M, EUROPACIFIC GROWTH FUND, FIDELITY INSTITUTIONAL FUNDS ICVC - SELECT EM MA EQ FUND, FIDELITY INVESTMENTS MONEY MANAGEMENT INC, FIL GENESIS LIMITED, FORSTA AP-FONDEN, FRANKLIN TEMPLETON INVESTMENT FUNDS, GASPART PARTICIPACOES S/A, GOVERNMENT PENSION FUND, HSBC GB INVESTMENT FUNDS - ECONOMIC SCALE INDEX GEM EQUITY, HSBC GLOBAL INVESTMENT FUNDS - BRIC EQUITY, HSBC GLOBAL INVESTMENT FUNDS - BRIC MARKETS EQUITY, HSBC GLOBAL INVESTMENT FUNDS - LATIN AMERICAN EQUITY, INTERNATIONAL GROWTH AND INCOME FUND, JNL/MELLON CAPITAL EMERGING MARKETS INDEX FUND, JP MORGAN CHASE RETIREMENT PLAN, JPMORGAN FUNDS, JTSB LTD AS TR FOR SUM TR AND BANK CO.,LTD TR F, MINISTRY OF STRATEGY AND FINANCE, MISSOURI EDUCATION PENSION </FONT></FONT>

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<FONT style="LINE-HEIGHT: 120%"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">TRUST, MORGAN STANLEY INVESTMENT FUNDS GLOBAL BALANCED INCOME FUND, MORGAN STANLEY INVESTMENT FUNDS LATIN AMERICAN EQUITY FUND, NEW WORLD FUND, INC., OPTIMIX WHOLESALE GLOBAL SHARE TRUST, PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO, STATE SUPER FINANCIAL SERV INTL EQ SECTOR TRU, STICHING PENSIOENFONDS VOOR HUISARTSEN, STICHTING JURIDISCH EIGENAAR ACTIAM BELEGGINGSFONDSEN, TELSTRA SUPER PTY LTD T TELSTRA S SHEME,THE CHANCELLOR, MASTERS &amp; S OF T U OF O T OF THE O F O C A, THE MASTER TRUST BANK OF JAP, LTD. AS TR. FOR MTBJ400045828, THE MASTER TRUST BANK OF JAP., LTD. AS TR. FOR MTBJ400045829, THE MASTER TRUST BANK OF JAPAN&nbsp; LTD. AS T. FOR MTBJ400045835, THE MASTER TRUST BANK OF JAPAN, LTD. AS T. FOR MTBJ400045833, THE MASTER TRUST BANK OF JAPAN, LTD. AS T. FOR MUTB400045796, THE MASTER TRUST BANK OF JAPAN, LTD. AS TR FOR MUTB400045792, THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR MUTB4000, VANGUARD TOTAL INTERNATIONAL STOCK INDEX FD, A SE&nbsp; VAN S F, EQ ADVISORS TRUST - AXA INTERNATIONAL VALUE MANAGED VOLA POR, NEW YORK LIFE INSURANCE COMPANY, THE MASTER TRUST BANK OF JAPAN, LTD. AS T FOR MTBC400045787, WISDOMTREE GLOBAL X-MEXICO EQUITY FUND (by Tiago Casillo Vieira).</FONT></FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 6pt 0in" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">I certify that these Minutes are a faithful copy of the deliberations of the Minutes of the books of the Company.</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">S&#227;o Paulo, April 28, 2017.</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">/s/Paulo Cezar Arag&#227;o </FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; LINE-HEIGHT: 15pt" align=center><I><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Secretary</FONT></I></P></DIV>

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<DIV style="TEXT-ALIGN: center; DISPLAY: block; TEXT-INDENT: 0pt"><FONT style="FONT-FAMILY: 'Times New Roman; FONT-SIZE: 10pt; DISPLAY: inline"><FONT style="FONT-WEIGHT: bold; DISPLAY: inline"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">SIGNATURE</FONT></FONT></FONT></DIV><FONT style="FONT-SIZE: 9pt" face="Times New Roman"><BR></FONT>

<DIV style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align=left><FONT style="FONT-FAMILY: 'Times New Roman; FONT-SIZE: 10pt; DISPLAY: inline"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</FONT></FONT></DIV>

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   <DIV style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align=left><FONT style="FONT-FAMILY: 'Times New Roman; FONT-SIZE: 10pt; DISPLAY: inline">/s/ <FONT style="FONT-FAMILY: 'Times New Roman; FONT-SIZE: 10pt; DISPLAY: inline"><FONT style="FONT-FAMILY: 'Times New Roman; FONT-SIZE: 10pt; DISPLAY: inline">Ricardo Rittes de Oliveira Silva</FONT></FONT></FONT></DIV></TD></TR>

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   <DIV style="DISPLAY: block; TEXT-INDENT: 0pt"><FONT style="FONT-FAMILY: 'Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal; DISPLAY: inline">Ricardo Rittes de Oliveira Silva</FONT></DIV>

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